# SellAnyCar.com FZE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sellanycar-com-fze

- Industry: Internet
- Headquarters: Sharjah, United Arab Emirates
- Website: www.sellanycar.com
- Latest round: Seed (Jun 1, 2015)
- Investors on record: 2

## About

SellAnyCar.com is an innovative platform facilitating the quick and efficient sale of vehicles across the Arab world, prioritizing user convenience and speed in the car selling process.Founded in 2013 and headquartered in Sharjah, United Arab Emirates, SellAnyCar.com specializes in providing a fast car valuation and purchase service. The company has successfully executed 3 deals, with its most recent funding round in February 2020 raising USD 35 mn from Gulf Investment Corporation, Olayan Group, and Sanabil Investments, marking its commitment to enhancing its operational capabilities. Frank-Michael Idrees currently serves as CEO, while Saygin Yalcin is the Founder who has a history of entrepreneurial ventures.SellAnyCar.com offers a streamlined platform for selling vehicles in major Arab cities, including Dubai, Abu Dhabi, Riyadh, and Jeddah. Clients can receive an immediate offer for their vehicle after a free inspection, eliminating traditional selling hassles such as prolonged negotiations. The service appeals to a wide customer base, including individual car owners seeking a quick sale and those looking for a reliable alternative to advertising.The company generates revenue by purchasing vehicles directly from consumers, ensuring a rapid transaction process that enhances user experience. Upon agreeing to sell, customers receive immediate payment to their bank accounts, facilitating a straightforward sales model. Although specific pricing is not disclosed, the focus remains on providing a no-obligation free valuation service, encouraging engagement and trust among users.SellAnyCar.com plans to leverage the USD 35 mn raised in February 2020 to expand its service offerings and geographic footprint. The company is exploring the launch of new products aimed at enhancing user engagement and satisfaction. Additionally, strategic plans are in place to enter new markets within the Arab region, with specific expansion targets aligned with their growth strategy. Future initiatives will focus on solidifying their presence in existing markets while reaching new customer segments.

## Funding rounds

- Seed, Jun 1, 2015 — Polar Light Ventures
- Seed, Jun 1, 2013 — Simile Venture Partners

## Investors

- Simile Venture Partners (https://capitalatlas.ai/funds/simile-venture-partners) — Seed
- Polar Light Ventures (https://capitalatlas.ai/funds/polar-light-ventures) — Seed