Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

Carly secures growth capital to fuel its expansion in the Saudi automotive market, led by Pinnacle Growth & Secondary Fund.

PRIVATESep 09, 2026•about 3 hours ago

Round Type

Secondary Market

Saudi ArabiaAutomotive

Investors

Pinnacle Growth & Secondary Fund

Description

Carly, a Saudi Arabia-based digital automotive marketplace, has received an investment from Pinnacle Growth & Secondary Fund. The funding will help Carly scale its operations and enhance its automotive trading platform. Founded in 2021, Carly aims to digitize the used car market. The investment comprises both primary equity capital and secondary share purchases.

Company Information

Company

Carly

Location

Saudi Arabia

About

Carly is a digital platform focused on digitizing the used car market in Saudi Arabia. The company provides a comprehensive experience that includes vehicle inspection, digital reporting, financing options, and end-to-end purchasing services for consumers. Founded in 2021 by Faisal Reda and Yousef Al-Hokail, Carly aims to transform the automotive trading experience. It has secured investment to expand its footprint in the market.

Don't miss Carly's next move

Get an email the moment Carly raises, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for Carly's next move

See what Strategic adds

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Carly raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.