# Syarah

> Syarah is Riyadh-based online marketplace for buying and selling new and used cars in Saudi Arabia. It handles the full transaction online - sourcing, 200-point inspection, refurbishment, financing, warranty and kingdom-wide home delivery - and lets buyers keep a car for a 10-day trial with a money-back guarantee. Founded in 2015, it has grown from a classifieds site into the country's leading digital used-car retailer, raising more than $82 million in total funding, including a $60 million Series C in 2024.

- **Founded:** 2015
- **Headquarters:** Riyadh, Saudi Arabia
- **Founders:** Salah Sharef (Co-Founder & CEO), Fayez Al-Anazi (Co-Founder)
- **Team size:** ~350 employees
- **Products:** Online car marketplace, 200-point inspection & certification, One-year warranty, 10-day trial & money-back guarantee, Kingdom-wide home delivery
- **Notable:** Pioneered used-car digital retail (not just classifieds) in Saudi Arabia, Raised over $82 million in total funding since 2015, Closed a $60M Series C in 2024, one of the larger Saudi autotech rounds

## Products & services

- **Online car marketplace** — Browse and buy new and used cars entirely online, with detailed listings, comparison tools and finance calculators.
- **200-point inspection & certification** — Every used car is inspected across 200+ checkpoints covering engine, interior and exterior condition before listing.
- **One-year warranty** — All sold vehicles carry a full one-year warranty covering repair or replacement of defective parts plus roadside assistance.
- **10-day trial & money-back guarantee** — Buyers can keep a used car for up to 10 days and return it for a refund, no questions asked.
- **Kingdom-wide home delivery** — Cars are delivered to the customer's door anywhere in Saudi Arabia.
- **Car financing** — Flexible installment plans arranged through authorized Saudi financing partners.
- **Sell & trade-in** — Sellers can sell or trade in a vehicle through Syarah, with optional home inspection.
- **Refurbishment center** — A 55,000 sq ft facility that services and reconditions used cars before resale.
- **B2B fleet sales** — Bulk vehicle sales and services for business and fleet customers.
- **Mobile app** — iOS and Android apps with 7.7M+ downloads and a 4.6/5 rating for browsing, buying and tracking delivery.

## Achievements

- Pioneered used-car digital retail (not just classifieds) in Saudi Arabia
- Raised over $82 million in total funding since 2015
- Closed a $60M Series C in 2024, one of the larger Saudi autotech rounds
- Opened a 55,000 sq ft refurbishment center
- Surpassed 7.7 million app downloads with a 4.6/5 rating
- Sells over 12,000 cars per year across the Kingdom

## Latest updates

- **2024-09** — Closed a $60M Series C led by Artal Capital, plus $20M in growth debt from Partners for Growth, taking total raised past $82M.
- **2023** — Opened a 55,000 sq ft refurbishment center to service and recondition used cars.
- **2021** — Raised a $20M Series B co-led by Elm and Impact46 to expand reach and services.

## Links

- Website: https://syarah.com
- LinkedIn: http://www.linkedin.com/company/syarah
- Twitter/X: https://twitter.com/Syarah_ksa
- Instagram: https://www.instagram.com/syarah.ksa
- Facebook: https://www.facebook.com/syarah.KSA

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Profile page: https://yespress.io/syarah
Published by YesPress — https://yespress.io
Last updated: 2026-07-25