About Sharik
Sharik is a Travel & Hospitality company based in Al Khobar (Saudi Arabia) founded in 2018 by Jamal Al-Baqmi. P2P car rental marketplace is facilitated through a mobile app. It operates in the Travel & Hospitality and Transportation, Automotive & Logistics sectors. Sharik has raised $666 thousand across 1 funding round. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Car. Its competitors include Ejaro, Essar and SyaraTech; 1 of its 3 listed competitors has raised funding.
Company details
Sharik was founded in 2018 and is headquartered in Al Khobar, Saudi Arabia. An app-based platform is operated in the peer-to-peer mobility sector, where vehicles are listed by owners for rental purposes. Bookings are enabled for users based on location and dates, with options for multiple payment methods and a range of vehicle types. The application is accessible on Android and iOS devices.
- Headquarters Al Khobar, Saudi Arabia
- Founders Jamal Al-Baqmi
- SectorsTravel & HospitalityTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website sharik.app
- Social X Facebook
- Total Equity Funding$666K (USD)
in 1 rounds
- Latest Funding Round$666K (USD), Seed
Jul 2021
Funding Insights of Sharik
Sharik has successfully raised a total of $666K through 1 strategic funding round. The most recent funding activity was a Seed round of $666 thousand completed in July 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.
- Total Funding $666,000
- Total Rounds 1
- Last Round Seed — $666,000
- First Round $666,000
(Jul 2021)
All 1 funding rounds of Sharik with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $666,000 | Seed | – | – | – |
People of Sharik
1 people are tracked at Sharik (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jamal Al-Baqmi | Founder | Leadership |
Complete people profiles for Sharik
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Sharik
2 dated milestones of Sharik across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Sharik is founded.
- Funding First funding round of $666K.
Competitors of Sharik
Sharik has 3 listed competitors in our database, 1 of them funded. They include Ejaro, Essar and SyaraTech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ejaro.com | 2014 | Jeddah, Saudi Arabia | $4.13M | Peer-to-peer car rentals are enabled via a mobile application. | ||
| 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 Sharik
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- Benchmarks
- Competitive positioning
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Frequently Asked Questions about Sharik
Sharik was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Sharik is headquartered in Al Khobar, Saudi Arabia. It is registered at Al Khobar, Eastern Province, Saudi Arabia.
Sharik is a funded company, having raised a total of $666K across 1 funding round to date. The company's 1st funding round was a Seed of $666K, raised on Jul 2021.
Sharik was founded in 2018 and is headquartered in Al Khobar, Saudi Arabia. An app-based platform is operated in the peer-to-peer mobility sector, where vehicles are listed by owners for rental purposes. Bookings are enabled for users based on location and dates, with options for multiple payment methods and a range of vehicle types. The application is accessible on Android and iOS devices.