Syarah

Syarah () is an e-commerce platform for used and new cars, founded in 2015 and based in Saudi Arabia.
Description
The platform is designed to help end-users buy a car. The customers can buy the car completely online and have it delivered to their doorstep. Syarah provides a full guarantee on the used cars sold through the platform, including a full detailed inspection report.
History
Syarah was founded by Fayez AlAnazi and Salah Sharef as a cars e-commerce platform for users in Saudi Arabia.
In 2018, Syarah managed to raise 2$ million in round A from BECO Capital, Raed Ventures, and Vision Ventures'.
In 2019, Syarah was chosen as the most promising startup in the middle east by Al Omq Magazine.
In 2020, the platform was counting half a million visitors every month. It claims to reach around 300 dealers and 1800 cars sold.
In 2021, Syarah has raised 20$ million in a Series B round from Impact46 and Elm company. The company announces that sales on the platform have exceeded 300 million SAR (6000 cars)'.
During the ceremony of the 5th edition of Saudia Web Awards, organized in Jeddah in november 2021, Syarah has won the "Startup of the year" in prize.
Due to the high demand for car purchases, the company recently opened its new headquarters in Riyadh to be a logistical support center. In 2022, Syarah has sold more than 10,000 cars.

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