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 Jun 30, 2026, the latest employee count at Syarah is 946.

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 16 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, Mazadak and Ezhalha. Among them, Kavak secured the most recent funding round in February, 2026.

Syarah - 2026 Company Profile, Team, Funding & Competitors

Syarah is a series C company based in Riyadh (Saudi Arabia), founded in 2015 by Salah Sharef and Ahmad Salah. 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 16 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

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

Investors

BECO Capital & 11 more

Ranked

2^nd among 16 active competitors

Employee Count

946 as on Jun 30, 2026

Similar Companies

Droom & 158 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	5351283	Series C	7089215	3579445	8226314	2149374
Aug 29, 2021	4903643	Series B	9399948	2378987	2612618	Budget & 2 more
Jun 09, 2020	6507208	Series A	5907767	2879893	Impact46	5316432

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View details of Syarah's funding rounds and investors

The founders of Syarah are Salah Sharef and Ahmad Salah. 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
Ahmad Salah: Head Of Technology (Technical Founder) of Syarah.

View details of Syarah's Founder profiles and Board Members

Syarah's employee count trend

Syarah has 946 employees as of Jun 26. Here is Syarah's employee count trend over the years:

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Top competitors of Syarah include Kavak, Mazadak and Ezhalha. 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, Bond Capital & 32 others	79/100
2nd	Syarah 2015, Riyadh (Saudi Arabia), Series C	Online retailer of new and used vehicles with financing options	$82.6M	BECO Capital, COTU Ventures & 10 others	55/100
3rd	Mazadak 2013, Riyadh (Saudi Arabia), Series A	App-based platform providing auction-based marketplace for used multi-category vehicles	$10M	Revival Studio, Upturn Ventures	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	-	Merak Capital	29/100
8th	Vehicleand 2020, Dammam (Saudi Arabia), Unfunded	Platform facilitating the listing and search of new used vehicles	-	-	24/100
9th	Zido 2018, Riyadh (Saudi Arabia), Deadpooled	Online P2P auction-based marketplace for cars	-	-	21/100
10th	AwalMazad 2019, Riyadh (Saudi Arabia), Unfunded	App that provides B2C auction-based marketplace for used/new cars	-	-	18/100