The Saudi startup plans to expand its spare parts platform and inventory financing services, targeting the sourcing and cash flow challenges faced by automotive retailers and wholesalers. 

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Saudi Arabia's Autobia has secured $12 million in Series A funding led by Artal Capital, with participation from AlJazira Capital and Wa'ed Ventures, backed by Saudi Aramco. Announced on October 11, 2026, the round will fund the company's next phase of growth, including investment in logistics, fulfillment, dynamic pricing technology, and inventory financing. Founded in 2021 by Emad Daghreri and Ahmed Alawfi, the business connects spare parts suppliers with retailers and wholesalers through a business-to-business platform. 

Buying automotive components involves more than finding a supplier. Retailers need to identify the correct parts across different brands, maintain stock, and arrange deliveries while keeping enough cash available to replenish inventory. The company says it has sold more than five million parts, carries over 160 brands, and serves more than 100 cities in Saudi Arabia.  

How Autobia Combines Auto Parts and Financing 

Beyond ordering and delivery, the platform offers inventory financing that allows eligible merchants to purchase stock and repay in scheduled installments, with purchasing limits replenished as payments are made. Through Qasima Plus, participating retailers can also offer customers installment payments through licensed providers, including Tabby and Tamara 

These services address different cash flow needs. Retailers can spread the cost of stocking their businesses, while their customers gain additional payment options. Combining financing with procurement could encourage merchants to place repeat orders through the platform, but it also introduces credit risk alongside the costs of managing suppliers and deliveries.  

The latest round follows a $2.5 million seed investment announced in 2023, led by Sadu Capital with participation from Wa'ed Ventures, Raz Holding, Techstars and angel investors. The two disclosed rounds bring total funding to $14.5 million. The new capital will help the startup extend its reach and strengthen its operations, but serving more locations will require careful management of stock availability and delivery times, particularly in a trade where retailers depend on having the correct components when customers need them. 

The business also reflects an opportunity for technology companies to address problems in established industries, where purchasing, distribution, and access to working capital are closely connected. An online ordering platform is useful to spare parts retailers only if it provides accurate product information, dependable delivery, and payment terms that fit their businesses. Bringing these services together could make the platform a regular purchasing channel rather than simply another place to order parts. Maintaining that value as the company expands will be central to its next stage of growth. 

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