We have completed a $10 million Series A funding round, co-led by Elm and BECO Capital, with participation from previous investors Y Combinator, COTU Ventures, and D Global Ventures.

Since Y Combinator’s Winter 2023 batch, Sirdab has achieved 20x revenue growth and reached profitability within 24 months. Over 850 businesses now manage their logistics through our platform, which connects a network of more than 120 warehouses and over 60 transportation providers.

We founded Sirdab to make accessing and managing logistics infrastructure significantly easier for businesses. This round enables us to continue building toward that vision across Saudi Arabia and the GCC.

Read the full story: https://sirdab.co/blog/en/sirdab-raises-10m-series-a-co-led-by-elm-and-beco-capital-to-scale-the-logistics-infrastructure-layer-for-saudi-arabia-and-the-gcc…

Sirdab Raises $10M Series A Co-led by Elm and BECO Capital to Scale the Logistics Infrastructure Layer for Saudi Arabia and the GCC

Source: https://sirdab.co/blog/en/sirdab-raises-10m-series-a-co-led-by-elm-and-beco-capital-to-scale-the-logistics-infrastructure-layer-for-saudi-arabia-and-the-gcc RIYADH, Saudi Arabia, September 3, 2026: Sirdab, the company building the logistics infrastructure layer for Saudi Arabia and the GCC, has raised $10 million in Series A funding. The round was co-led by new investor Elm, the PIF-backed digital solutions company, and existing investor BECO Capital. Other backers include Y Combinator, COTU Ventures, and D Global Ventures.

Founded in 2022, Sirdab enables companies to access, manage and scale their logistics through a single platform. Businesses secure verified warehousing and transportation, manage inventory and orders across locations, and monitor service levels in one place, while providers use Sirdab’s software to standardize operations, share capacity and manage billing and compliance.

Sirdab has grown revenue 20x since graduating from Y Combinator’s Winter 2023 batch, while reaching profitability. Its clients include major government entities, publicly listed companies, and leading enterprises across multiple sectors, among more than 850 businesses using the platform. Its network spans 120+ warehouses and 60+ transportation providers, supporting dry, ambient, chilled, and frozen logistics.

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.

“Saudi Arabia is building one of the most dynamic logistics markets in the world, and businesses here have enormous room to grow,” said Naif Alzahri, co-founder and CEO of Sirdab. “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.”

The funding will support Sirdab’s expansion across Saudi Arabia and the GCC, the growth of its network and further development of its platform, including AI that matches businesses to the right capacity and automates day-to-day coordination between shippers, warehouses and carriers.