About Sary
Sary is a company based in Riyadh (Saudi Arabia) founded in 2018 by Khaled A Alsiari and Mohammed Aldossary. Sary has raised $112.1 million across 4 funding rounds from investors including Wafra International Investment, Endeavor and STV. Sary has completed 1 acquisition, including Mowarrid. Sary operates in a competitive market with competitors including Retailo, Qawafel, Ablife, Arzaq Plus and Monh, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Khaled A Alsiari, Mohammed Aldossary
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$112.1 M (USD)
in 4 rounds
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Latest Funding Round
$75 M (USD), Series C
Dec 19, 2021
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Investors
Wafra International Investment
& 8 more
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Employee Count
Not available
- Investments & Acquisitions
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People of Sary
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Funding Insights of Sary
Sary has successfully raised a total of $112.1M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in December 2021. 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.
Investors in Sary
Sary has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Wafra International Investment, Endeavor and STV.
| Investor | Description | Founded Year | Domain | Location |
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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Growth equity is provided for early-stage tech startups by STV.
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Tech companies are invested in by MSA venture capital fund.
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Investor details for Sary
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Investments & Acquisitions by Sary
Sary has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mowarrid.
Investment portfolio details for Sary
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based B2B commerce platform for FMCG operations is provided.
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Complete acquisition details for Sary
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Financial Statements - Sary
Detailed financials for Sary
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Sary Comparisons
Peer comparison for Sary
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Competitors of Sary
Sary operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Retailo, Qawafel, Ablife, Arzaq Plus and Monh, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital B2B marketplace is operated for small and medium-sized retailers.
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Online B2B marketplace offering multi-category products
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Delivers comprehensive retail store aggregation solutions for businesses.
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Online marketplace offering multi-category grocery supplies for businesses
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Online marketplace platform offering multi-category products for businesses
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Detailed competitors of Sary
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Latest news on Sary
Complete news archive for Sary
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Frequently Asked Questions about Sary
Sary was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Sary is headquartered in Riyadh, Saudi Arabia.
Sary is a funded company, having raised a total of $112.1M across 4 funding rounds to date.
Sary was founded in 2018 and is headquartered in Riyadh, Saudi Arabia. An app-based marketplace platform is operated, providing access to a range of products including groceries, cleaning supplies, office supplies, and additional categories. The mobile application is available for both Android and iOS devices, facilitating e-commerce transactions in the consumer goods sector across the region.
Sary's top competitors include Retailo, Qawafel and Arzaq Plus.
Sary has made 1 acquisition, including Mowarrid.
Sary has 9 investors. Key investors include Wafra International Investment, Endeavor, STV, MSACAP, and Rocketship.vc.