When was Syarah founded?

Syarah was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Syarah located?

Syarah is headquartered in Riyadh, Saudi Arabia.

Who is the current CEO of Syarah?

Salah Sharef of Syarah. They have also founded 1 company.

How many employees does Syarah have?

As of Apr 30, 2026, the latest employee count at Syarah is 920.

Is Syarah a funded company?

Syarah is a funded company, having raised a total of $82.6M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2016.

When was the latest funding round of Syarah?

Syarah's latest funding was a $***** Series C round on Sep 04, 2024, with participation from 5 investors.

Where does Syarah rank among its competitors?

Syarah ranks 2nd amongst 15 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Kavak, which secured $300M in Feb, 2026.

Who are the top competitors of Syarah?

Syarah's top competitors include Kavak, Ezhalha and Kayishha. Among them, Kavak secured the most recent funding round in February, 2026.

Syarah - 2026 Company Profile, Team, Funding & Competitors

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

Series C, Sep 04, 2024, $*****

Investors

BECO Capital & 11 more

Ranked

2^nd among 15 active competitors

Employee Count

920 as on Apr 30, 2026

Similar Companies

Droom & 177 more

View Syarah's full profile

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 04, 2024	6170938	Series C	9832965	3220770	7873254	1259570
Aug 29, 2021	3910765	Series B	7667692	3056528	1055659	Budget & 2 more
Jun 09, 2020	6347212	Series A	5767994	6123035	Impact46	6355235

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View details of Syarah's funding rounds and investors

The founders of Syarah are Salah Sharef and Fayez Alanazi. Salah Sharef is the CEO of Syarah.

Here are the details of Syarah's key team members:

Salah Sharef: Co-Founder & CEO of Syarah.
Contact Info: 1 email address
Fayez Alanazi: Co Founder of Syarah and Board Member of Syarah.

View details of Syarah's Founder profiles and Board Members

Syarah's employee count trend

Syarah has 920 employees as of Apr 26. Here is Syarah's employee count trend over the years:

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Top competitors of Syarah include Kavak, Ezhalha and Kayishha. Here is the list of Top 10 competitors of Syarah, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kavak 2016, Lerma de Villada (Mexico), Series F	Online retailer of certified pre-owned vehicles with financing and services	$1.85B	General Atlantic, DST Global & 32 others	78/100
2nd	Syarah 2015, Riyadh (Saudi Arabia), Series C	Online retailer of new and used vehicles with financing options	$82.6M	COTU Ventures, Impact46 & 10 others	55/100
3rd	Ezhalha 2016, Riyadh (Saudi Arabia), Unfunded	App-based B2B marketplace for automotive industry	-	-	39/100
4th	Kayishha 2020, Riyadh (Saudi Arabia), Unfunded	Online Retailer of used cars	-	-	37/100
5th	Mazadak 2013, Riyadh (Saudi Arabia), Series A	App-based platform providing auction-based marketplace for used multi-category vehicles	$10M	Revival Studio	35/100
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	-	Merak Capital	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	-	-	18/100
10th	AbiSayara 2010, Riyadh (Saudi Arabia), Deadpooled	Online used car classified portal	-	-	17/100