Carly Secures Growth Capital

Carly, a Saudi Arabia-based digital automotive marketplace, has received an investment from Pinnacle Growth & Secondary Fund. The transaction, which includes both primary equity capital and secondary share purchases, aims to fuel the company's growth and expand its footprint in the Saudi automotive and mobility market.

Investors

Pinnacle Growth & Secondary Fund, a Saudi investment firm focused on growth-stage technology companies and secondary market opportunities, led the investment.

Carly Use of Funds

Carly intends to use the capital to support its growth plans, scale its operations, and further develop its automotive trading platform in Saudi Arabia.

About Carly

Founded in 2021 by Faisal Reda and Yousef Al-Hokail, 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.

Funding Details

Company Website: https://halacarly.com

Company: Carly
Funding Date: September 8, 2026
Lead Investor: Pinnacle Growth & Secondary Fund
Software Category: Automotive Marketplace
Source: https://jawlah.co/en/63960