Careem
2012
FOUNDED
PRIVATE
STATUS
201-300
EMPLOYEES
M&A
LATEST DEAL TYPE
(Announced)
$3.1B
LATEST DEAL AMOUNT
24
INVESTORS
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
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Application Software
Other Industries
Automotive
Social/Platform Software
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 | 26-Mar-2019 | $3.1B | 00000 | 00.00 | Announced | 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 (25)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ola | Venture Capital-Backed | Bengaluru, India | 0000 | 00.000 | 00000000000 | 00.000 |
| 0000 00000000 | Venture Capital-Backed | Midview City, Singapore | 0000 | 00.00 | 00000000000 | 00.00 |
| 000000000 | Venture Capital-Backed | Buenos Aires, Argentina | 00 | 00.00 | 000000 - 000 | 00.00 |
| 0000 0000000 | Venture Capital-Backed | Beijing, China | 00000 | 000.00 | 000000000 | |
| 0000000000 | Formerly PE-Backed | New York, NY | 000 | 000000&0 |
Careem Investments & Acquisitions (4)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0-0000 0000 (00000 | 23-Dec-2018 | 00000 0000000 | Internet Retail | 00000000 0000000 | |
| 000000000 | 18-Feb-2018 | 000000000000000000 | Information Services (B2C) | 000000 00 00000000 | |
| 0000 | 17-Jul-2017 | 0000 00000 | 00000 | Automotive | 000000 000000 |
| Enwani | 01-Aug-2014 | Merger/Acquisition | Application Software |
Careem Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 000000000 | Information Services (B2C) | United Arab Emirates | 0000 |
Careem Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Saudi Technology Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Didi Chuxing | VC-Backed Company | Minority | 000 0000 | 000000 0 | ||
| Coatue Management | Hedge Fund | Minority | 000 0000 | 000000 0 | ||
| Daimler Mobility Services | Other | Minority | 000 0000 | 000000 0 | ||
| DCM Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Careem Executive Team (15)
8 Former Executives
You’re viewing 5 of 15 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 »