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SellAnyCar
Online used car exchange and auction site
About SellAnyCar
SellAnyCar.com is an online car trading platform operating primarily in the Middle East, established to streamline the process of selling used vehicles. The company was founded in 2013 by Saygin Yalcin, a German entrepreneur of Turkish origin based in Dubai. Yalcin, a serial entrepreneur, previously founded the online shopping club Sukar.com, which he sold to Souq.com before it was acquired by Amazon. His experience with the cumbersome process of selling his own car in the classifieds inspired him to research and implement a more efficient business model he had seen in other parts of the world.
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The firm's business model is built around a consumer-to-business (C2B) framework. It targets individual car owners looking for a quick and hassle-free sale, guaranteeing to purchase any car regardless of its make, model, age, or condition. The process begins on the company's website, where a user can get an instant online valuation for their vehicle. Following the online estimate, the seller books an appointment at one of SellAnyCar.com's physical branches for a detailed inspection. After the inspection, the company provides a final offer. This inspection report is also uploaded to a digital marketplace where a network of over 10,000 registered car dealers can bid on the vehicle, with the highest bid forming the basis of the offer to the seller. If the seller accepts, SellAnyCar.com handles all the paperwork and processes the payment immediately. The company generates revenue by charging a fee or premium to the dealers who purchase the cars through its platform.
Since its launch, the company has focused on rapid expansion, establishing a wide network of branches to be easily accessible to customers. A significant milestone was achieved in February 2020, when it secured $35 million in a Series C funding round led by Sanabil Investments, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), to fuel its expansion into Saudi Arabia. By 2019, the company had surpassed a gross merchandise value (GMV) of over $272 million. The platform's key value proposition is its promise to complete the entire transaction, from inspection to payment, within 30 minutes, offering a secure alternative to the often lengthy and risky private sales market.
At a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Dubai, United Arab Emirates
- Employees
- 174
- Open positions
- 2
- Dealroom signal
- 72.9/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, Automotive, Used Vehicles, Online Car Purchasing
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning SellAnyCar.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Feb 2020 | $35M | $140M | iMENA Holdings · PIF · Olayan Financing Company | — |
| SEED✓Equity / VC | Jan 2015 | — | — | Polar Light Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for SellAnyCar is 74K monthly website visits, up 19.4% over the last three months. SellAnyCar's team grew 0% over the past year.
Open positions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Simile Venture Partners
Polar Light Ventures
Series A3 investors entered at this stage
iMENA Holdings
PIF
Olayan Financing Company
Other known investors4 additional known investors
BECO Capital
COTU Ventures
Oskar Hartmann
Sanabil
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SellAnyCar on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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