Riyadh - Sharikat Mubasher: Sirdab, the Riyadh-based builder of a logistics infrastructure layer for Saudi Arabia and the GCC, raised SAR 37.5 million (approximately $10 million) in a Series A funding round co-led by Elm and BECO Capital, with support from Y Combinator, COTU Ventures and D Global Ventures.

Sirdab will use the new investment to fuel its expansion across the Kingdom and the GCC, broaden its network, and scale its AI-powered platform, the company stated in a recent press release.

Sirdab enables companies to access, manage, and scale their logistics through a single platform, enabling businesses to secure verified warehousing and transportation, manage inventory and orders across locations, and monitor service levels in one place.

On the other side, providers use Sirdab’s software to standardize operations, share capacity, and manage billing and compliance.   

Naif Alzahri, co-founder and CEO of Sirdab, said: “Saudi Arabia is building one of the most dynamic logistics markets in the world, and businesses here have enormous room to grow. Sirdab gives them the infrastructure to grow on. We make quality capacity accessible in days, keep operations visible in real time, and hold service to a consistent standard, so companies can expand into new cities and categories with confidence. This funding allows us to bring that to many more businesses across the Kingdom and the GCC."

Sirdab operates an asset-light network, complemented by strategically located company-operated facilities in key hubs. Its proprietary software enables this distributed infrastructure to function as one connected system, giving businesses flexibility, visibility, and control as they scale, and giving providers new demand and standardized operations.