Sylndr

Egypt’s Leading Used Cars Partner

General Information
Company Name
Sylndr
Founded Year
2022
Location (Offices)
Egypt +1
Founders / Decision Makers
Number of Employees
208
Industries
E-Commerce, Marketplaces, Retail
Funding Stage
Series A
Social Media

Sylndr - Company Profile

Sylndr is an e-commerce startup based in Egypt that aims to revolutionize the used-cars market through innovation. Founded in 2021, the company's slogan "Egypt’s Leading Used Cars Partner" encapsulates its mission to build trust and transparency in the industry. The platform provides a reliable and transparent environment for customers to buy and sell used cars, offering an extensive range of high-quality vehicles and diverse financing solutions. The startup recently secured a significant $12.60M Pre Seed Round investment from a cohort of prominent investors including 1984 Ventures, Global Founders Capital, Algebra Ventures, Nuwa Capital, Raed Ventures, and Unpopular Ventures, signifying a strong investor confidence in Sylndr's potential. This infusion of capital is indicative of the company's promise and its ability to attract support from leading venture capital firms. Sylndr's focus on the automotive sector within e-commerce and retail industries positions it strategically in a rapidly evolving market. The company's commitment to innovation and customer-centric approach sets it apart, signaling the potential for substantial growth and disruption within the used cars market in Egypt.

Taxonomy: automotive e-commerce, used car marketplace, trustworthy platform, high-quality vehicles, transparent transactions, diverse financing options

Funding Rounds & Investors of Sylndr (3)

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Funding Stage Amount No. Investors Investors Date
Series A $15.70M 9 Development Partners International (DPI) Venture Capital, Nclude Fund +2 20 May 2025
Pre Seed Round $12.60M 6 23 May 2022
Pre Seed Round Unknown 1 01 Dec 2021

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