Tech Company Financing Transactions
Sylndr Funding Round
Sylndr closed a $12.6 million Seed investment round on 5/23/2022. Investors included Raed VC, 1984 Ventures and Algebra Ventures.
Transaction Overview
Company Name
Announced On
5/23/2022
Transaction Type
Venture Equity
Amount
$12,600,000
Round
Seed
Investors
Raed VC (Lead Investor) (Omar Almajdouie)
Algebra Ventures (Laila Hassan)
Proceeds Purpose
The startup will also look at different monetization opportunities, including with data,
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
Undisclosed, Undisclosed
USA
Undisclosed, Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range of high-quality used vehicles accessible across a diverse set of financing solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Omar Defrawy
Co-Founder
Amr Mazen
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We do our best to record every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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