About Sylndr
Sylndr is a company based in Cairo (Egypt) founded in 2021 by Omar El Defrawy, Moataz El Etreby, and Amr Mazen. It operates as a Two-Sided Marketplace. Sylndr has raised $28.3 million across 3 funding rounds from investors including Prosus, EGBank and EFG Corp-Solutions. Sylndr offers products and services including Used Car Trading and Financing Options. Sylndr operates in a competitive market with competitors including Hatla2ee, ContactCars, B Auto, DriveYalla and Carzami, among others.
- Headquarter Cairo, Egypt
- Founders Omar El Defrawy, Moataz El Etreby, Amr Mazen
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.3 M (USD)
in 3 rounds
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Latest Funding Round
$15.7 M (USD), Series A
May 19, 2025
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Investors
Prosus
& 10 more
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Employee Count
Employee Count
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Products & Services of Sylndr
Sylndr offers a comprehensive portfolio of products and services, including Used Car Trading and Financing Options. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Used cars are bought and sold with assurance.
Installment plans are provided for purchasing used cars.
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Funding Insights of Sylndr
Sylndr has successfully raised a total of $28.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $15.7 million completed in May 2025. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $15.7M
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First Round
First Round
(23 May 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series A - Sylndr | Valuation | Prosus | |
| Nov, 2024 | Amount | Debt – Conventional - Sylndr | Valuation |
investors |
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| May, 2022 | Amount | Seed - Sylndr | Valuation | Raed Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sylndr
Sylndr has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Prosus, EGBank and EFG Corp-Solutions. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A premier African investment firm focused on high-growth businesses.
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Founded Year | Domain | Location | |
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Algebra Ventures is recognized as a leading venture capital firm based in Egypt, focused on tech investments across Africa.
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sylndr
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sylndr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sylndr Comparisons
Competitors of Sylndr
Sylndr 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 Hatla2ee, ContactCars, B Auto, DriveYalla and Carzami, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web & mobile-based peer-to-peer listing platform for used cars
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| domain | founded_year | HQ Location |
Auto listings, financing, and repair services are offered online.
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| domain | founded_year | HQ Location |
Delivers comprehensive solutions for the automotive industry.
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| domain | founded_year | HQ Location |
Operates a digital platform for buying and financing used cars.
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| domain | founded_year | HQ Location |
Provider of online dealership to buy cars
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sylndr
Frequently Asked Questions about Sylndr
When was Sylndr founded?
Sylndr was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Sylndr located?
Sylndr is headquartered in Cairo, Egypt.
Who is the current CEO of Sylndr?
Omar El Defrawy is the current CEO of Sylndr. They have also founded this company.
Is Sylndr a funded company?
Sylndr is a funded company, having raised a total of $28.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $12.6M, raised on May 23, 2022.
What does Sylndr do?
A digital platform for trading used cars in Egypt is provided by Sylndr. High-quality vehicles are ensured through a 200-point inspection, a 90-day warranty, and a 7-day return policy. Services include home delivery, transparent pricing, and financing options. The automotive sector is primarily targeted, focusing on creating a seamless and secure experience for buyers and sellers of used vehicles.
Who are the top competitors of Sylndr?
Sylndr's top competitors include Hatla2ee, ContactCars and Auto Tager.
What products or services does Sylndr offer?
Sylndr offers Used Car Trading and Financing Options.
Who are Sylndr's investors?
Sylndr has 11 investors. Key investors include Prosus, EGBank, EFG Corp-Solutions, Bank NXT, and DPI.