Sanadk
ActiveAn AI-powered SaaS platform that automates invoicing, VAT/tax filing, and bookkeeping for Saudi businesses.
Sanadk (registered as Sanadk Cloud Information Technology Co. LLC) is a Jeddah-based AI accounting and invoicing SaaS platform serving 100+ Saudi companies, automating bookkeeping, tax declaration filing, and financial reporting with integrations into Odoo, Daftra, Qoyod, POS and e-commerce systems. It has processed 50,000+ invoices, and was one of seven startups selected for Cycle 6 of Flat6Labs' Riyadh Seed Program (demo day January 2026). Note: sanadk.com does not resolve; the active site is sanadk.ai.
Funding Rounds
Lead: Flat6Labs
Investors: Flat6Labs (F6 Ventures Startup Seed Fund LP)
Accelerator investment: Sanadk was one of 7 startups in Cycle 6 of Flat6Labs' Riyadh Seed Program (supported by NTDP; seed capital deployed via F6 Ventures' Startup Seed Fund, anchored by SVC with Jada and RVC). Cycle 6 applications closed 16 Aug 2025, so the investment was made in Q4 2025; the 2026-01-14 date is the demo day / public cohort announcement. Per-startup ticket not disclosed (programme aggregate: ~USD 17M across 60+ startups since 2023). Also: https://www.zawya.com/en/press-release/companies-news/flat6labs-hosts-sixth-demo-day-of-riyadh-seed-program-e2fgymz2 https://fintechgate.net/2026/01/14/flat6labs-concludes-sixth-riyadh-seed-program-backing-60-startups-with-usd-17m/ https://en.sharikatmubasher.com/media-hub/news/21528455/flat6labs-concludes-cycle-6-of-riyadh-seed-program?lang=en Confidence: confirmed (round 13, Flat6Labs).
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