Careem Overview
- Founded
-
2012

- Status
-
Acquired/Merged
- Employees
-
3,801

- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$500M
- Investors
-
2
Careem General Information
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.
Contact Information
Website
www.careem.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Automotive
Other Industries
Social/Platform Software
Application Software
Parent Company
Primary Office
- Shatha Tower, Dubai Media City
- Post Office Box
- Dubai United Arab Emirates
Careem Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Later Stage VC | 10-Mar-2022 | $500M | 00000 | Completed | Generating Revenue | |
8. Merger/Acquisition | 02-Jan-2020 | 00.00 | 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 B) | 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 Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of a car booking platform designed to connect passengers with local drivers. The company's platform offers a ma
Automotive
Dubai, United Arab Emirates
3,801
As of 2022
00000
0000000000 0
00000
Careem Competitors (42)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Bitaksi | Formerly VC-backed | Istanbul, Turkey | 000 | 000 | 00000000000 | 000 |
00000 (00000000) | Formerly Angel backed | Paris, France | 00 | 000.00 | 000000&0 | 000.00 |
0000000.000 | Venture Capital-Backed | Guangzhou, China | 0000 | 000.00 | 00000000000 | 000.00 |
0000000 | Venture Capital-Backed | Hamburg, Germany | 0000 | 000.00 | 0000000000 0 | |
00000 | Formerly VC-backed | Sao Paulo, Brazil | 000 | 0000 | 000000&0 | 0000 |
Careem Executive Team (19)
Careem Board Members (3)
Name | Representing | Role | Since |
---|---|---|---|
Mudassir Sheikha | Careem | Co-Founder, Chief Executive Officer & Board Member | 000 0000 |
Oskar Mielczarek de la Miel | Rakuten Capital | Board Member | 000 0000 |
Careem Signals
Careem Former Investors (29)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Alpha 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 | |
Bild Alternative Investments | Venture Capital | Minority | 000 0000 | 000000 0 | |
Coatue Management | PE/Buyout | Minority | 000 0000 | 000000 0 |
Careem Investments & Acquisitions (12)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
0000000 | 01-Jul-2022 | 0000000000 | Financial Software | 00000000 | |
00000:00 | 24-Jun-2022 | 0000000000 | Other Restaurants, Hotels and Leisure | 00000000 | |
0000000 | 28-Feb-2022 | 00000 0000 | Other Restaurants, Hotels and Leisure | ||
0000000 | 28-Jun-2021 | 00000 0000 | 000.00 | Specialty Retail | |
Cyacle Bicycle Rental | 28-May-2019 | Merger/Acquisition | Social/Platform Software | 000000 00 |
Careem Subsidiaries (2)
Company Name | Industry | Location | Founded |
---|---|---|---|
Denarii | Financial Software | Abu Dhabi, United Arab Emirates | 2017 |
000000000 | Information Services (B2C) | United Arab Emirates | 0000 |
Careem Exits (2)
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
000 00000000 | 01-May-2019 | 00000 | 000.00 | Completed |
|
Swvl | 17-Jul-2017 | Seed Round | 00000 | Completed |