Syarah Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 424

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $60M

  • Investors
  • 14

Syarah General Information

Description

Operator of an online car-selling marketplace intended for purchasing new and used cars. The company's online marketplace and mobile application provides different car offers, updates daily price and specification, and contact information of the stakeholders, users can browse used cars online, enabling customers to check for cars and contact directly to the stakeholder for buying purposes without any intermediary.

Contact Information

Website
www.syarah.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 42171 Khurais Road
  • Al Naseem Al Gharbi District, Unit Number 196
  • Riyadh 14231-7698
  • Saudi Arabia
+966 9200
Primary Industry
Automotive
Other Industries
Information Services (B2C)
Specialty Retail
Other Services (B2C Non-Financial)
Vertical(s)
Mobility Tech, E-Commerce
Corporate Office
  • 42171 Khurais Road
  • Al Naseem Al Gharbi District, Unit Number 196
  • Riyadh 14231-7698
  • Saudi Arabia
+966 9200

Syarah Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Syarah Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series C) 03-Sep-2024 $60M Completed Generating Revenue
7. Debt - General Completed Generating Revenue
6. Later Stage VC 01-Jan-2023 Completed Generating Revenue
5. Later Stage VC (Series B) 02-Aug-2021 Completed Generating Revenue
4. Later Stage VC 09-Jun-2020 Completed Generating Revenue
3. Early Stage VC (Series A1) 10-Mar-2019 Completed Generating Revenue
2. Early Stage VC (Series A) 06-May-2018 $3.3M $4.1M Completed Generating Revenue
1. Seed Round 19-Oct-2016 $800K $800K Completed Generating Revenue
To view Syarah’s complete valuation and funding history, request access »

Syarah Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online car-selling marketplace intended for purchasing new and used cars. The company's online marketplac
Automotive
Riyadh, Saudi Arabia
424 As of 2023

Taguig, Philippines
 

Jakarta, Indonesia
 
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Syarah Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Carmudi Philippines Corporate Backed or Acquired Taguig, Philippines
Rajamobil Venture Capital-Backed Jakarta, Indonesia
Jualo Formerly VC-backed Jakarta Barat, Indonesia
CredR Venture Capital-Backed Bengaluru, India
CarAndBike Private Equity-Backed Mumbai, India
You’re viewing 5 of 11 competitors. Get the full list »

Syarah Executive Team (4)

Name Title Board Seat
Omar Tahboub Deputy Chief Executive Officer & Chief Operating Officer
Salah Sharef Co-Founder, Chief Executive Officer & Board Member
Fayez Alanazi Co-Founder & Board Member
You’re viewing 3 of 4 executive team members. Get the full list »

Syarah Board Members (6)

Name Representing Role Since
Abdulaziz Alomran Impact46 Board Member
Fawaz Dansh United International Transportation Board Observer
Fayez Alanazi Syarah Co-Founder & Board Member
Mohammed Alomair Elm (IT Services and IT Consulting) Board Member
Salah Sharef Syarah Co-Founder, Chief Executive Officer & Board Member
You’re viewing 5 of 6 board members. Get the full list »

Syarah Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Syarah Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Artal Capital Asset Manager Minority
Company for Cooperative Insurance Corporation Minority
Derayah Ventures Venture Capital Minority
500 Global Venture Capital Minority
Maersk Oil Trading Corporation Minority
You’re viewing 5 of 14 investors. Get the full list »

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Syarah FAQs

  • When was Syarah founded?

    Syarah was founded in 2015.

  • Who is the founder of Syarah?

    Salah Sharef and Fayez Alanazi are the founders of Syarah.

  • Who is the CEO of Syarah?

    Omar Tahboub and Salah Sharef are the CEOs of Syarah.

  • Where is Syarah headquartered?

    Syarah is headquartered in Riyadh, Saudi Arabia.

  • What is the size of Syarah?

    Syarah has 424 total employees.

  • What industry is Syarah in?

    Syarah’s primary industry is Automotive.

  • Is Syarah a private or public company?

    Syarah is a Private company.

  • What is Syarah’s current revenue?

    The current revenue for Syarah is .

  • How much funding has Syarah raised over time?

    Syarah has raised $84.1M.

  • Who are Syarah’s investors?

    Artal Capital, Company for Cooperative Insurance, Derayah Ventures, 500 Global, and Maersk Oil Trading are 5 of 14 investors who have invested in Syarah.

  • Who are Syarah’s competitors?

    Carmudi Philippines, Rajamobil, Jualo, CredR, and CarAndBike are some of the 11 competitors of Syarah.

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