Carly secures investment from Pinnacle to support next phase of growth

Saudi Arabia’s Pinnacle Growth & Secondary Fund has invested in Carly, a Saudi automotive commerce platform, through a combination of primary and secondary shares. The financial terms of the transaction were not disclosed. Founded in 2026 by Faisal Raza, Carly operates a digital platform within Saudi Arabia’s automotive sector, serving a growing customer base and facilitating automotive transactions through its platform. The investment will support Carly’s next phase of growth