Syarah - About the company
Syarah is a series C company based in Riyadh (Saudi Arabia), founded in 2015 by Ahmad Salah and Salah Sharef. It operates as an Online retailer of new and used vehicles with financing options. Syarah has raised $82.6M in funding from investors like BECO Capital, Elm and Raed Ventures. The company has 18 active competitors, including 3 that are funded. Its top competitors include companies like Kavak, Mazadak and Ezhalha.
Company Details
Online retailer of new and used vehicles with financing options. It provides a platform for browsing various car brands and models. The platform offers options for purchasing vehicles outright or through financing. It also facilitates the sale of used cars.
- Website
- syarah.com
- Social
- Email ID
- *****@syarah.com, *****@syarah.com
- Phone Number
- +966 **********
Key Metrics
Founded Year
2015
Location
Riyadh, Saudi Arabia
Stage
Series C
Total Funding
$82.6M in 6 rounds
Latest Funding Round
Investors
Ranked
2nd among 18 active competitors
Employee Count
969 as on Sep 30, 2026
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Syarah's funding and investors
Syarah has raised a total funding of $82.6M over 6 rounds. Its first funding round was on 2016. Its latest funding round was a Series C round on Sep 04, 2024 for $*****. 5 investors participated in its latest round. Syarah has 11 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Syarah:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 04, 2024 | 9083494 | Series C | 8496731 | 8142900 | 1443585 | 2762406 |
Aug 29, 2021 | 4846300 | Series B | 8077823 | 6838836 | 7633350 | |
Jun 09, 2020 | 5164981 | Series A | 8464333 | 9676843 | 1535609 |
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Syarah's founders and board of directors
Founder? Claim ProfileHere are the details of Syarah's key team members:
- Ahmad Salah: Head Of Technology (Technical Founder) of Syarah.
- Salah Sharef: Co-Founder & CEO of Syarah. Contact Info: 1 email address
View details of Syarah's Founder profiles and Board Members
Syarah's employee count trend
Syarah has 969 employees as of Sep 26. Here is Syarah's employee count trend over the years:
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Syarah's Competitors and alternates
Top competitors of Syarah include Kavak, Mazadak and Ezhalha. Here is the list of Top 10 competitors of Syarah, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of certified pre-owned vehicles with financing and services | $1.85B | 79/100 | ||
2nd | Syarah 2015, Riyadh (Saudi Arabia), Series C | Online retailer of new and used vehicles with financing options | $82.6M | 65/100 | |
3rd |  Mazadak 2013, Riyadh (Saudi Arabia), Series A | App-based platform providing auction-based marketplace for used multi-category vehicles | $10M | 39/100 | |
4th | Ezhalha 2016, Riyadh (Saudi Arabia), Unfunded | App-based B2B marketplace for automotive industry | - | - | 38/100 |
5th |  Kayishha 2020, Riyadh (Saudi Arabia), Unfunded | Online Retailer of used cars | - | - | 36/100 |
6th | Markaba 2013, Riyadh (Saudi Arabia), Deadpooled | Online classified portal of new & used vehicles | - | - | 30/100 |
7th |  Syaaraat 2018, Riyadh (Saudi Arabia), Funding Raised | Online listing platform for used cars | - | 29/100 | |
8th |  Zido 2018, Riyadh (Saudi Arabia), Deadpooled | Online P2P auction-based marketplace for cars | - | - | 21/100 |
9th |  AwalMazad 2019, Riyadh (Saudi Arabia), Unfunded | App that provides B2C auction-based marketplace for used/new cars | - | - | 19/100 |
10th |  Vehicleand 2020, Dammam (Saudi Arabia), Unfunded | Platform facilitating the listing and search of new used vehicles | - | - | 18/100 |
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Syarah's Investments and acquisitions
Syarah has made no investments or acquisitions yet.
Reports related to Syarah
Here is the latest report on Syarah's sector:
News related to Syarah
Media has covered Syarah for a total of 2 events in the last 1 year.
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Saudi autotech Syarah raises $12 million from Impact46 to expandIncubees•Sep 28, 2026•Impact46, Syarah
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Riyadh-based Cars Marketplace Syarah Raises $60 Million in Series CStartup Scene•Sep 04, 2024•Syarah, Artal Capital, elmlang.org, Impact46 and 4 others
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Syarah expands operations with the largest car refurbishing and servicing center in MENAZawya•Oct 09, 2023•Syarah
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Saudi’s Syarah raises fresh funds to expand its online car marketplaceMENAbytes•Jun 09, 2020•Syarah, BECO Capital, Raed Ventures, Vision Ventures
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Saudi’s Elm announces investment in Riyadh-based online car marketplace SyarahMENAbytes•Mar 07, 2019•Syarah, Elm, BECO Capital, Raed Ventures and 1 other
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Saudi startup Syarah raises $2 million for its online car marketplaceMENAbytes•May 06, 2018•Syarah, BECO Capital, Raed Ventures, Vision Ventures
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