About Speero
Speero is a Transportation, Automotive & Logistics company based in Riyadh (Saudi Arabia) founded in 2017 by Amin Mahfouz and Abdullah Bin Shamlan. Speero is engaged in selling original car spare parts and services. It operates on a Direct-to-Consumer (D2C) and Two-Sided Marketplace model. Speero has raised $1.8 million across 2 funding rounds from investors including Nuwa Capital, EQ2 Ventures and Impact46. Its website speero.net draws about 139 thousand monthly visits. Speero offers products and services including Original Car Spare Parts, Car Maintenance Services, and Car Accessories. Its focus areas include Automotive, Aftermarket Parts, Spare Parts and Services. Its legal entity is Speero Saudi Arabia. Its competitors include Plus Workshop, Tashleeh and Tashlih.
Company details
Speero is involved in the distribution of original car spare parts for various brands like Toyota, Hyundai, and Nissan. The company operates within the automotive aftermarket sector, offering a wide range of components such as engines, brakes, and lighting systems. Additionally, car maintenance and repair services are provided, including tire services, air conditioning maintenance, and paint repair. Solutions are tailored for both individual consumers and partners through a marketplace model in Saudi Arabia.
- Headquarters Riyadh, Saudi Arabia
- Founders Amin Mahfouz, Abdullah Bin Shamlan
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Automotive Industry
- Email••••••••
- Website speero.net
- Social LinkedIn X Instagram
- Legal Name Speero Saudi Arabia
- Total Equity Funding$1.8M (USD)
in 2 rounds
- Latest Funding Round$1.8M (USD), Seed
Jul 2021
- InvestorsNuwa Capital
& 7 more
Products & Services of Speero
Speero offers a comprehensive portfolio of products and services, including Original Car Spare Parts, Car Maintenance Services, and Car Accessories.
Original spare parts for various car brands are provided.
Maintenance and repair services for vehicles are offered.
Accessories like lighting and interior items are sold.
Funding Insights of Speero
Speero has successfully raised a total of $1.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million 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 $1.8M
- Total Rounds 2
- Last Round Seed — $1.8M
- Investors Count 8
All 2 funding rounds of Speero 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 | $1.8M | Seed | – | Nuwa Capital, EQ2 Ventures | |
| Mar 2020 | Seed | – | 500 Global, Impact46 | – |
8 investors in total: 8 institutional.
Investors in Speero
Speero has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Nuwa Capital, EQ2 Ventures and Impact46.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | nuwacapital.io | Dubai, United Arab Emirates | ||
Venture capital fund focused on multiple sector | eq2ventures.com | Dubai, United Arab Emirates | ||
Venture capital firm focused on seed and growth investments | impact46.sa | Riyadh, Saudi Arabia | ||
Early-stage startups are invested in by Access Bridge Ventures fund. | access-bridge.com | Abu Dhabi, United Arab Emirates | ||
Global tech investments are made by venture capital firm. | mountain.partners | Zurich, Switzerland | ||
Infrastructure and venture capital firm focused on renewable energy, technology, and life science sectors | jimco.com | |||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
A venture capital fund based in Saudi Arabia is operated. | 2020 | derayah.vc | Riyadh, Saudi Arabia |
Investor details for Speero
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Speero
9 people are tracked at Speero (6 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Amin Mahfouz | Co-Founder | Leadership |
Abdullah Bin Shamlan | Co-Founder & Managing Director | Leadership |
Ameen Mahfouz | Chief Technology Officer | Leadership |
Amr Ali | Head Of Sales | Leadership |
Salah Alkatheri | Director Of Operations | Leadership |
Mohamed Ali | Head Of Mobile | Leadership |
Mohammed Ali | Frontend Software Engineer | Team |
ebra som | Back End Developer | Team |
Esmail Shabayek | Software Tech Lead | Team |
Complete people profiles for Speero
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
Verified entity values are shown only after access is granted.
Timeline of Speero
3 dated milestones of Speero across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Speero is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.8M.
Competitors of Speero
Speero has 3 listed competitors in our database. They include Plus Workshop, Tashleeh and Tashlih.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| warshaplus.com | 2015 | Jeddah, Saudi Arabia | Online marketplace for automotive parts & accessories | |||
| tashleehpro.com | 2020 | Riyadh, Saudi Arabia | Online marketplaces offering aftermarket automotive parts and accessories | |||
| tashleh.app | 2021 | Jeddah, Saudi Arabia | Functions as an application for selling auto parts and accessories online. |
Detailed competitors of Speero
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Speero
The website of Speero (speero.net) receives about 138.5K visits a month and ranks #208,804 among all websites worldwide, #4,711 in Automotive Industry.
- Monthly visits138.5K
▼ 17% vs previous month
- Unique visitors94.2K
per month
- Global rank#208,804
among all websites
- Category rank#4,711
Vehicles · Automotive Industry
- Bounce rate45%
- Pages per visit3.7
- Average visit1 min 26 sec
- DevicesDesktop 22% · Mobile 78%
Websites whose visitors overlap most with Speero. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rafraf.com | 100% | 85.7K | #525,949 | View details | |
medrar.sa | medrar.sa | 98% | #212,614 | – | |
afyal.com | afyal.com | 98% | #162,803 | – | |
nfzalak.com | nfzalak.com | 96% | #610,080 | – | |
triospare.com | triospare.com | 88% | #415,579 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Speero
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Speero
Speero was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Speero is headquartered in Riyadh, Saudi Arabia.
Speero is a funded company, having raised a total of $1.8M across 2 funding rounds to date.
Speero is involved in the distribution of original car spare parts for various brands like Toyota, Hyundai, and Nissan. The company operates within the automotive aftermarket sector, offering a wide range of components such as engines, brakes, and lighting systems. Additionally, car maintenance and repair services are provided, including tire services, air conditioning maintenance, and paint repair. Solutions are tailored for both individual consumers and partners through a marketplace model in Saudi Arabia.
Speero's top competitors include Plus Workshop, Tashleeh and Tashlih.
Speero offers Original Car Spare Parts, Car Maintenance Services, and Car Accessories.
Speero has 8 investors. Key investors include Nuwa Capital, EQ2 Ventures, Impact46, Access Bridge Ventures, and Mountain Partners.
Speero operates through Speero Saudi Arabia.
The website of Speero receives about 139 thousand visits a month and ranks #208,804 among all websites worldwide.