Autobia, a leading B2B platform in the automotive aftersales sector, is revolutionizing the industry by solving the problem of manual operations and inefficient supply chains. With their user-friendly app, Autobia makes it effortless for retailers and maintenance shops to order spare parts, bringing digitalization to the forefront and changing how businesses operate in the sector.
Exciting news! Autobia recently secured $2.5 million in seed funding, led by Sadu Capital and supported by well-known investors like Wa'ed Ventures by Aramco, Raz Holding, Techstars, and a group of angel investors. This significant investment is a big step for Autobia and its mission to revolutionize the industry.
With this funding, Autobia plans to expand its operations across Saudi Arabia and attract new customers in the automotive aftersales industry and related markets. They will also strengthen their team and improve their technology to enhance their data-driven approach and infrastructure.
Since its launch in 2021 by entrepreneurs Emad Daghreri and Ahmed Alawfi, Autobia has already facilitated over 1 million spare parts transactions through its advanced platform. They have fulfillment centers in Riyadh and Jeddah and a vast network of wholesalers, ensuring a wide range of parts. Autobia currently supports 23 brands, but they have ambitious plans to offer even more as they continue to grow.
Autobia's innovative platform is bringing digitalization to the automotive aftersales industry, and industry stakeholders are excited about its transformative potential. By using the user-friendly app and experiencing the streamlined supply chain firsthand, businesses can say goodbye to manual processes and inefficiencies.
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