# Saud Binsaeed

> Saud Binsaeed is the Saudi co-founder and CEO of Bonat, a Riyadh-based customer engagement and loyalty platform. His career spans restaurant franchising, confectionery retail, international business studies at Barry University and startup advisory work at Badir. Bonat announced a $6 million Series A in November 2025, and he signed its TABsense partnership in April 2026.

- **Role:** Co-founder & CEO at Bonat
- **Organizations:** Bonat, Badir Technology Incubator, Startup Miami, Resal United, Subway, Thimar Development Holding Co.
- **Nationality:** Saudi
- **Education:** Bachelor’s degree in International Business, Barry University
- **Known for:** Co-founded and leads Bonat., Led Bonat during its November 2025 $6 million Series A announcement., Signed the TABsense-Bonat customer analytics partnership announced April 12, 2026.

## Career timeline

- **2009-2013** — Operated a Subway franchise, according to his professional résumé.
- **2012-2014** — Listed as Business Development Manager/Partner at Resal United; worked on the Candylawa store at Panorama Mall.
- **2017** — Graduated from Barry University in international business; his résumé also lists a consulting role at Startup Miami.
- **2018-2020** — Worked at Badir Technology Incubator in business development; this period is reported in his Saudi Exchange nomination résumé.
- **2020** — Committed to Bonat full time with co-founder Bader Alfouzan.
- **2021-03** — Bonat announced a seed round led by Impact46, with SVC and angel investors.
- **2022-12** — As CEO, explained Bonat’s introduction of NFC loyalty cards in Apple Wallet.
- **2025-11** — Bonat announced a $6 million Series A led by Tali Ventures.
- **2026-04** — Signed Bonat’s partnership with TABsense alongside Shadi Daboor.
- **2026-05** — Began serving as a Thimar Development Holding Co. board member on May 14, according to Argaam.

## Achievements

- Co-founded and leads Bonat.
- Led Bonat during its November 2025 $6 million Series A announcement.
- Signed the TABsense-Bonat customer analytics partnership announced April 12, 2026.
- Contributed to the development of Candylawa’s 2,000-square-metre store.

## Latest updates

- **2026-05** — Argaam records the start of his board membership at Thimar Development Holding Co. on May 14.
- **2026-04** — Signed the TABsense-Bonat partnership, announced April 12, to support restaurant customer insights and targeted engagement.
- **2025-11** — Bonat announced a $6 million Series A led by Tali Ventures with anb Seed Fund, Rua Growth Fund, RZM Investments and angel investors.

## Links

- LinkedIn: https://www.linkedin.com/in/saudbinsaeed/

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Profile page: https://yespress.io/saud-binsaeed
Published by YesPress — https://yespress.io
Last updated: 2026-10-22