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Sirdab raises $10M Series A from Elm and BECO Capital to expand its logistics platform across the GCC region.

PRIVATESep 03, 2026•4 days ago

Amount Raised

$10 Million

Round Type

Series A

Saudi ArabiaTransportationSaasSupply Chain ManagementLogistics

Investors

D Global VenturesCotu VenturesY CombinatorBeco CapitalElm

Description

Saudi logistics startup Sirdab has closed a $10 million Series A funding round co-led by Elm and BECO Capital. The round brings new investor Elm onto the cap table alongside existing backers Y Combinator, COTU Ventures, and D Global Ventures. Sirdab operates an asset-light logistics platform connecting warehouses and transportation providers, serving over 850 businesses across 120+ warehouses. The capital will fund expansion across Saudi Arabia and the GCC, grow its logistics network, and develop AI-powered matching tools.

Company Information

Company

Sirdab

Location

Saudi Arabia

About

Sirdab is a Saudi logistics platform founded in 2022 that provides businesses with access to warehousing and transportation capacity through a single integrated platform. The company operates an asset-light model combining third-party warehouse capacity with directly managed facilities, serving over 850 businesses across 120+ warehouses and 60+ transportation providers. Sirdab enables businesses to manage inventory, orders, and service levels across multiple locations while helping logistics providers optimize spare capacity and operations. The platform has achieved 20x revenue growth since Y Combinator's Winter 2023 batch and reached profitability.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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

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