Sirdab Raises $10M Series A to Expand Across Saudi Arabia and the GCC

Abdulrahman Alnamlah and Abdulrahman Alnamlah, Sirdab co-founders

Saudi logistics platform Sirdab has raised $10 million in Series A funding to expand across Saudi Arabia and the GCC. Co-led by Elm and BECO Capital, the round will support Sirdab’s logistics network, platform development, and AI capabilities as the company scales its asset-light infrastructure serving 850+ businesses.

Why did Sirdab raise $10 million in Series A funding?

Saudi logistics infrastructure company Sirdab has raised $10 million in Series A funding to accelerate its expansion across Saudi Arabia and the GCC.

The round was co-led by new investor Elm, a PIF-backed digital solutions company, and existing investor BECO Capital. Other participating investors include Y Combinator, COTU Ventures, and D Global Ventures.

The funding comes as Saudi Arabia continues to invest in logistics infrastructure and digital supply chains, creating opportunities for technology platforms that can connect businesses with fragmented warehousing and transportation capacity.

How does Sirdab’s logistics platform work?

Founded in 2022, Sirdab provides businesses with a single platform to access, manage, and scale logistics operations.

Its platform allows companies to:

• Access verified warehousing and transportation capacity
• Manage inventory and orders across multiple locations
• Monitor logistics service levels from one platform
• Coordinate operations across warehouses and transportation providers
• Manage billing and compliance

For logistics providers, Sirdab's software helps standardize operations, share available capacity, and streamline billing and compliance.

This model positions Sirdab as an infrastructure layer between businesses and logistics providers rather than as a traditional asset-heavy logistics operator.

How fast has Sirdab grown since joining Y Combinator?

Sirdab has recorded 20x revenue growth since graduating from Y Combinator’s Winter 2023 batch and has reached profitability.

The company says more than 850 businesses now use its platform, including major government entities, publicly listed companies, and large enterprises across multiple sectors.

Its logistics network currently includes:

Logistics network	Scale
Businesses using Sirdab	850+
Warehouses	120+
Transportation providers	60+
Logistics categories	Dry, ambient, chilled, frozen
Revenue growth since YC	20x
Founded	2022
Y Combinator batch	Winter 2023

The scale of this network gives Sirdab access to a broad pool of logistics capacity while allowing customers to manage different providers and locations through a single technology layer.

Why is Sirdab using an asset-light logistics model?

Sirdab operates an asset-light network, supplemented by strategically located company-operated facilities in key logistics hubs.

Its proprietary software connects this distributed infrastructure into a unified system. For businesses, the model is designed to provide greater flexibility and visibility without requiring them to build and operate their own logistics footprint.

For providers, Sirdab can create access to additional demand while introducing standardized processes for managing capacity and operations.

Naif Alzahri, co-founder and CEO of Sirdab, said the company aims to make quality logistics capacity accessible within days while giving businesses real-time operational visibility and consistent service standards.

How will Sirdab use the new funding?

The $10 million Series A will be used across three main areas:

1. Saudi Arabia expansion: Sirdab plans to extend its coverage across the Kingdom.
2. GCC growth: The company will expand its logistics infrastructure and customer reach across the wider Gulf region.
3. Technology and AI: Sirdab will further develop its platform, including AI capabilities that match businesses with suitable logistics capacity and automate day-to-day coordination between shippers, warehouses, and carriers.

The AI component could become particularly important as Sirdab scales its network. Automating capacity matching and coordination could reduce the manual work required to manage increasingly complex logistics flows across multiple providers and locations.

What does Sirdab’s funding mean for Saudi logistics?

Sirdab’s Series A highlights a broader shift toward digitizing the infrastructure that supports Saudi Arabia’s logistics economy.

Rather than competing solely by owning warehouses, trucks, or other physical assets, logistics technology companies can build software layers that coordinate existing infrastructure and make fragmented capacity easier for businesses to access.

For Sirdab, the combination of 20x revenue growth, profitability, 850+ customers, 120+ warehouses, and 60+ transportation providers provides a foundation for its next stage of expansion.

The company’s immediate challenge will be maintaining service consistency and network efficiency as it moves from a Saudi-focused platform toward a broader GCC logistics infrastructure network.

 

 

FAQs

1. How much funding did Sirdab raise?
Sirdab raised $10 million in Series A funding in 2026. The round was co-led by Elm and BECO Capital.

2. Who invested in Sirdab’s Series A?
The Series A was co-led by Elm and BECO Capital, with participation from Y Combinator, COTU Ventures, and D Global Ventures.

3. What does Sirdab do?
Sirdab is a Saudi logistics technology company founded in 2022. Its platform connects businesses with warehousing and transportation providers while helping them manage inventory, orders, service levels, billing, and compliance.

4. How many businesses use Sirdab?
More than 850 businesses use Sirdab’s platform. Its network includes 120+ warehouses and 60+ transportation providers across dry, ambient, chilled, and frozen logistics.

5. What will Sirdab use the Series A funding for?
Sirdab plans to use the $10 million to expand across Saudi Arabia and the GCC, grow its logistics network, and develop its platform, including AI-powered capacity matching and automated coordination.