About Ejaro
Ejaro is a Travel & Hospitality company based in Jeddah (Saudi Arabia) founded in 2014 by Mohammed H Khashoggi. Peer-to-peer car rentals are enabled via a mobile application. It operates in the Travel & Hospitality and Transportation, Automotive & Logistics sectors. Ejaro has raised $4.13 million across 2 funding rounds from investors including Tawuniya and Laravel. Its chief executive, as recorded, is Mohammed H Khashoggi. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Car. Its competitors include Sharik, Essar and SyaraTech; 1 of its 3 listed competitors has raised funding.
Company details
Ejaro was established in 2014 in Jeddah, Saudi Arabia, as a peer-to-peer vehicle sharing platform within the mobility sector. Connections between car owners and renters are facilitated through a mobile app available on Android and iOS. Services include multiple payment methods and insured rentals. Operations focus on a marketplace model for individual users in the region.
- Total Equity Funding$4.13M (USD)
in 2 rounds
- Latest Funding Round$3.28M (USD), Seed
Jan 2024
- InvestorsTawuniya
& 1 more
Apps and channels of Ejaro
Ejaro publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of Ejaro
Ejaro has successfully raised a total of $4.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.28 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.13M
- Total Rounds 2
- Last Round Seed — $3.28M
- First Round $850,000
(Jan 2021)
- Investors Count 2
All 2 funding rounds of Ejaro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Ejaro
Ejaro has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Tawuniya and Laravel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A PHP framework for web development is provided by Laravel. | bimsaudi.com | |||
Auto, home, and medical insurance services are offered by Tawuniya. | 1985 | tawuniya.com | Riyadh, Saudi Arabia |
Investor details for Ejaro
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Ejaro
4 people are tracked at Ejaro (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Mohammed H Khashoggi | Founder & CEO | Leadership |
Omar Bahareth | Chief Technology Officer | Leadership |
Abdalla A. Abdalla | Full-stack Developer | Team |
Abdullah Hezam | Full Stack Engineer | Team |
Complete people profiles for Ejaro
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Ejaro
3 dated milestones of Ejaro across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Ejaro is founded.
- Funding First funding round of $850K.
- Funding Latest funding round, Seed, of $3.3M.
Competitors of Ejaro
Ejaro has 3 listed competitors in our database, 1 of them funded. They include Sharik, Essar and SyaraTech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sharik.app | 2018 | Al Khobar, Saudi Arabia | $666,000 | P2P car rental marketplace is facilitated through a mobile app. | ||
| esarcar.com | 2017 | Jeddah, Saudi Arabia | Online platform offering P2P car-rental services | |||
| syaratech.com | 2019 | Jeddah, Saudi Arabia | An app-based P2P platform offering car rental services to users. |
Detailed competitors of Ejaro
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Web traffic of Ejaro
The website of Ejaro (ejaro.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 98.9% vs previous month
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Related news about Ejaro
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Frequently Asked Questions about Ejaro
Ejaro was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Ejaro is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.
Mohammed H Khashoggi is the CEO of Ejaro, as recorded in our data. They have also founded this company.
Ejaro is a funded company, having raised a total of $4.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $850K, raised on Jan 2021.
Ejaro was established in 2014 in Jeddah, Saudi Arabia, as a peer-to-peer vehicle sharing platform within the mobility sector. Connections between car owners and renters are facilitated through a mobile app available on Android and iOS. Services include multiple payment methods and insured rentals. Operations focus on a marketplace model for individual users in the region.
Yes. Ejaro publishes Ejaro - إيجارو and 1 more app, with over 50,000 downloads.