Sylndr

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An online marketplace for used cars, while offering accessible financing options


Location: Egypt
Website: https://sylndr.com/
Sector: Retail
Funding Stage: Pre-Seed, Venture Round, Venture Round,
Total Funding ($m): 35.76
# of Founders: 2
Founding Year: 2021
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2022$12.6mPre-SeedRaed Ventures, Algebra Ventures, Nuwa Capital, 1984 Ventures, Global Founders Capital, Angel Investors
2024 $7.46mVenture RoundRAED Ventures, with participation from Algebra Ventures, Nuwa Capital, and others. 
2025$15.7mVenture RoundDevelopment Partners International’s, Nclude Fund, Algebra Ventures, Nuwa Capital, Raed Ventures, and others.
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Omar El Defrawy
Co-Founder & CEO
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Pre-Seed $12.6m
Raed Ventures, Algebra Ventures, Nuwa Capital, 1984 Ventures, Global Founders Capital, Angel Investors

Venture Round $7.46m
RAED Ventures, with participation from Algebra Ventures, Nuwa Capital, and others. 

Venture Round $15.7m
Development Partners International’s, Nclude Fund, Algebra Ventures, Nuwa Capital, Raed Ventures, and others.



News
https://launchbaseafrica.com/2025/05/20/from-elmenus-to-sylndr-ex-foodtech-exec-raises-fresh-25-7m-to-overhaul-egypts-used-car-market/