Sirdab

Sirdab is a Logistics startup based in Riyadh, Saudi Arabia that has raised $10M in venture capital across 1 funding round since 2022. The company reached Series A stage in September 2026 with a $10M round led by Elm. Sirdab's investor base includes 5 institutional funds, with Elm leading the most recent equity round.

Sirdab is a technology-enabled logistics platform founded in 2022 by Naif Alzahri and Abdulrahman Alnamlah that gives businesses on-demand access to warehousing, transportation, and fulfillment services across Saudi Arabia. Through a single dashboard, clients can manage inventory, coordinate inbound and outbound shipments, and track orders in real time across Sirdab's network of 120+ licensed warehouses in 8+ cities and 2,500+ vehicles. Since graduating from Y Combinator's Winter 2023 cohort, Sirdab has achieved 20x revenue growth and reached profitability serving over 850 businesses. In September 2026, the company raised $10 million in Series A funding co-led by Elm and BECO Capital, with participation from Y Combinator, COTU Ventures, D Global Ventures, and angel investors. The capital will be deployed to expand Sirdab's logistics network across the GCC, grow its customer base, and develop AI capabilities for automated matching of businesses with available logistics capacity.