Careem
2012
FOUNDED
M&A
STATUS
201-300
EMPLOYEES
M&A
LATEST DEAL TYPE
$3.1B
LATEST DEAL AMOUNT
Description
Provider of a car booking platform designed to connect passengers with local drivers. The company's platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost and have it charged to their selected credit card, enabling passengers to have access to affordable and advantageous transportation.
Website
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Application Software
Other Industries
Automotive
Social/Platform Software
Parent Company
Primary Office
- 4004, Shatha Tower
- Dubai Media City
- Dubai United Arab Emirates
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Careem Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 02-Jan-2020 | $3.1B | 00000 | 00.00 | Completed | Generating Revenue |
| 7. Later Stage VC (Series F) | 18-Oct-2018 | 00000 | 00000 | 000 | Completed | Generating Revenue |
| 6. Corporate | 08-Aug-2017 | 00000 | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series E) | 14-Jun-2017 | 00000 | 00000 | 00.00 | Completed | Generating Revenue |
| 4. Later Stage VC (Series D) | 01-Dec-2016 | 0000 | Completed | Generating Revenue | ||
| 3. Later Stage VC (Series C) | 10-Nov-2015 | 0000 | 0000 | Completed | Startup | |
| 2. Early Stage VC | 31-Jan-2014 | $1.7M | $14M | Completed | Startup | |
| 1. Early Stage VC | 09-Sep-2013 | $12.3M | $12.3M | Completed | Startup |
Careem Competitors (53)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ola | Venture Capital-Backed | Bengaluru, India | 0000 | 00.000 | 000000000000 | 00.000 |
| 0000 | Venture Capital-Backed | Tallinn, Estonia | 000 | 00000 | 000000000 | 00000 |
| 0000000.000 | Venture Capital-Backed | Guangzhou, China | 000 | 0000 | 00000000000 | 0000 |
| 00000 | Formerly Angel backed | Paris, France | 00 | 000.00 | 000000&0 | 000.00 |
| 000 (0000000000) | Venture Capital-Backed | New York, NY | 000 | 00000 | 0000000000 0 | 00000 |
Careem Investments & Acquisitions (6)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0-0000 0000 (00000 | 23-Dec-2018 | 00000 0000000 | Internet Retail | 00000000 0000000 | |
| 000000 | 24-Sep-2018 | 000000000000000000 | Application Software | 00000000 0000000 | |
| 000000000 | 18-Feb-2018 | 000000000000000000 | Information Services (B2C) | 000000 00 00000000 | |
| 0000 | 17-Jul-2017 | 0000 00000 | 00000 | Automotive | 000000 000000 |
| Savaree | 30-Mar-2016 | Merger/Acquisition | Automotive | 000000 00000 |
Careem Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 000000000 | Information Services (B2C) | United Arab Emirates | 0000 |
Careem Former Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Al Tayyar Travel Group | Corporation | Minority | 000 0000 | 000000 0 | ||
| Alpha Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Arzan Venture Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| BECO Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Coatue Management | Hedge Fund | Minority | 000 0000 | 000000 0 |
Careem Executive Team (17)
9 Former Executives
You’re viewing 5 of 17 executives. Get the full list »Careem Board Members (3)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Mudassir Sheikha | Careem | Co-Founder, Board Member & Chief Executive Officer | 000 0000 | |
| Oskar Mielczarek de la Miel | Rakuten Capital | Board Member | 000 0000 |
1 Former Board Member
You’re viewing 2 of 3 board members. Get the full list »