Sakneen
Latest round
- Seed
Last raised
- Feb 2021
Total raised
- $1.1M
Investors
- 5
About Sakneen
Founded in 2019 in Cairo, Egypt, Sakneen, Inc. focuses on developing software solutions for real estate developers.Sakneen's primary offerings revolve around a comprehensive software solution designed specifically for real estate developers. The platform seamlessly integrates with existing Customer Relationship Management (CRM) systems to present a visual inventory display on a map, which reflects real-time availability. This functionality is coupled with features that facilitate online payments and enable distribution of inventory across sales teams, allowing transactions to occur anytime and anywhere on various devices, including tablets and mobile phones. By synchronizing with client systems, Sakneen ensures that inventory data remains current and accurate, addressing the critical need for immediate access to property listings.Sakneen generates revenue through a tiered pricing model designed to accommodate varying needs of real estate developers, from those managing single projects to those overseeing extensive mega projects. The company's transaction structure includes subscription plans, which provide clients with access to the software's features based on their selected tier. Each plan is tailored to fit different budgets and inventory sizes, reflecting the diverse nature of its client base. The recurring revenue from these subscriptions forms the backbone of Sakneen's financial model, facilitating ongoing updates and support for its offerings.In February 2021, Sakneen, Inc. The company aims to enhance its offerings to better meet the needs of real estate developers and is considering expanding into additional geographic markets to leverage its technology. Specific new products have not yet been announced, but ongoing developments are expected as the company continues to scale its operations.
Who invested in Sakneen
5 investors across 1 round
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Funding rounds
Seed
Feb 7, 2021
Amount
$1.1M
Investors
Questions about Sakneen
Who invested in Sakneen?
Sakneen has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sakneen raised?
Sakneen has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Sakneen last raise money?
Sakneen's most recent round on record is a Seed, in Feb 2021.
What does Sakneen do?
Founded in 2019 in Cairo, Egypt, Sakneen, Inc.
Where is Sakneen headquartered?
Sakneen is headquartered in Cairo, Egypt.
Which VCs invest in companies like Sakneen?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back real estate development & operating companies companies at Sakneen's stage. Their profiles are linked below.
VCs backing real estate development & operating companies startups at Seed
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