Diligence memo · auto-generated · as of July 2, 2026

Sakneen

Sakneen looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Sakneen operates in SaaS / Software, based in Cairo, Cairo Governorate, Egypt; Remote. Shopify for Real Estate Developers

Sub-sector tags: SaaS, Housing.

Capital & rounds (filed)filed

Sakneen has raised $1.1M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $1.1M on 2021-02-09.

Most recent recorded round closed around 2021-02-09.

Valuation (modeled)modeled

Provath models Sakneen at approximately $32M (range $990K–$210M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.46× the median modeled value of Seed SaaS / Software companies in 2019–2021 (8 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 5.4 yr ago; this sector typically re-raises about every 22 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 88% of SaaS / Software peers (381 compared).

Modeled value ranks above 89% of those peers.

Closest niche peers: Kaya Holdings, Inc., Clay, Inc., Laudable, Inc., SaaS Alerts, Inc., Hive Holdings, Inc..

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.