# Ejaro

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ejaro

- Industry: Transportation Services
- Headquarters: Jeddah, Saudi Arabia
- Website: www.ejaro.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Jan 7, 2021)
- Investors on record: 1

## About

Founded in 2019 by Mohammed H. Khashoggi, and based in Jeddah, Saudi Arabia, The Vehicle Sharing Community Ltd., trading under the name Ejaro operates as a provider of a car rental service platform intended to connect vehicle owners to individuals who want to rent vehicles. In January 2024, Ejaro raised SAR 12.3 million in Pre-Series A funding from individuals and other investors.

Ejaro offers a peer-to-peer vehicle-sharing platform that connects vehicle owners with renters, allowing owners to earn income from their private vehicles. Ejaro offers a variety of vehicles, from economical to luxury. Ejaro operates in multiple cities across Saudi Arabia, including Jeddah, Riyadh, Abha, Buraydah, Al Ula, and Makkah.

The company intends to use the January 2024 funding to expand its market reach and product development.

## Funding rounds

- Seed, Jan 7, 2021, $0.8M — Business Innovation Mine

## Investors

- Business Innovation Mine (https://capitalatlas.ai/funds/business-innovation-mine) — Seed