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Announced

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Sanabil Investments, Gulf Investment and Olayan Financing Company led a $35m Series C round in SellAnyCar.com.

Synopsis

Commercial investment companies Sanabil Investments, Gulf Investment and Olayan Financing Company led a $35m Series C round in SellAnyCar.com, a car buying service, with participation from iMENA Group, a venture capital investment company. SellAnyCar.com will use the funds raised to expand in the Kingdom of Saudi Arabia, where it already has a presence, and aims to open 100 branches in the Kingdom in the next two years.

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