# Sylndr Egypt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sylndr-egypt

- Industry: Retail
- Headquarters: Cairo, Egypt
- Website: www.sylndr.com
- Total disclosed funding: $16M
- Latest round: Series A (May 19, 2025)
- Investors on record: 7

## About

Founded in 2022 by its CEO, Omar El Defrawy, and Amr Mazen, based in Cairo, Egypt, Sylndr Egypt, operates as a used car selling and buying platform. In May 2025, Sylndr Egypt raised USD 15.7 million in series A funding led by new investor Development Partners International, with participation from other new investors Egyptian Gulf Holding, Uncovered Fund, Beltone Capital, and Camel Ventures. Returning investors Algebra Ventures, Nuwa Capital Ltd, and RAED Ventures also participated in the round. The company offers a digital platform that helps consumers buy and sell their cars and transfer ownership. It provides an examination of cars at its doorsteps and quotes prices for used cars. The company plans to utilize the May 2025 funding to expand its product and service portfolio, strengthen its relationships with regional dealers, financial institutions, and service providers, and accelerate technological and product innovation.

## Funding rounds

- Series A, May 19, 2025, $16M — Algebra Ventures, RAED Ventures, Global Ventures, Nuwa Capital, Uncovered Fund, Camel Ventures, Beltone Capital

## Investors

- Algebra Ventures (https://capitalatlas.ai/funds/algebra-ventures) — Series A
- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Series A
- Global Ventures (https://capitalatlas.ai/funds/global-ventures) — Series A
- Nuwa Capital (https://capitalatlas.ai/funds/nuwa-capital) — Series A
- Uncovered Fund (https://capitalatlas.ai/funds/uncovered-fund) — Series A
- Camel Ventures (https://capitalatlas.ai/funds/camel-ventures) — Series A
- Beltone Capital (https://capitalatlas.ai/funds/beltone-capital) — Series A