Careem logo β€” Everyday life, made simple. πŸ˜‰

Careem

Everyday life, made simple. πŸ˜‰

Founded 2012 United Arab Emirates United Arab Emirates 6534 employees Acquired Total: $3.87B

General Information

Company Name Careem
Founded Year 2012
Location United Arab Emirates United Arab Emirates +19
Founders / Decision Makers
Team member
Employees 6534
Funding Stage Acquired

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About Careem

Careem is an influential tech company headquartered in the United Arab Emirates, aiming to reshape daily life in the greater Middle East by developing the "Everything App". This app facilitates an array of services including ride-hailing, food and grocery delivery, payment management, and other services.

Since its founding in 2012, Careem has positively impacted the lives of over 75 million customers and provided earning opportunities for more than 3.5 million drivers. The company operates in over 70 cities across 10 countries, from Morocco to Pakistan, and is committed to simplifying life in the region.

In 2019, Careem was acquired by Uber Technologies, Inc. in a landmark $3.10 billion deal. Further bolstering its innovative journey, the venture welcomed e& (formerly Etisalat) as a partner in April 2023, supporting the development of the Careem Everything App.

Taxonomy: Everything App, Ride-hailing, Food Delivery, Grocery Delivery, Payment Solutions, Middle East Market, Urban Mobility, Earnings Platform, Driver Marketplace, Technology Partnerships, Entrepreneurial Ecosystem, Digital Infrastructure, Customer Simplification

Services & Products

Rides
Eat
Get
Pay

Target Customers

Individuals needing rides Food consumers Grocery buyers Businesses for delivery services People seeking electronic purchases Users needing diverse payment options

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition β€’β€’β€’β€’β€’β€’ 1
Investor
01 Jan 2020
Series E β€’β€’β€’β€’β€’β€’ 4
Investor Investor Investor
β€’β€’β€’β€’ β€’β€’β€’β€’
01 Oct 2018
Series D β€’β€’β€’β€’β€’β€’ 1
Investor
01 Aug 2017
Series D β€’β€’β€’β€’β€’β€’ 9
Investor Investor Investor Investor Investor Investor Investor Investor
β€’β€’β€’β€’ β€’β€’β€’β€’
01 Dec 2016
Series C β€’β€’β€’β€’β€’β€’ 6
Investor Investor Investor Investor Investor Investor
01 Nov 2015

View All 8 Funding Rounds

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FAQ About Careem

Everyday life, made simple. πŸ˜‰
Careem was founded in 2012.
Careem is headquartered in United Arab Emirates.
Careem has approximately 6534 employees.
Careem has completed 8 funding rounds, raising a total of $3.87B. The latest funding stage is Acquired.
Careem offers: Rides, Eat, Get, Pay.
Top alternatives and competitors to Careem include Senior Services of Southeastern Virginia, Explain Everything, ALUX, Credit.com, Blinkit. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Careem and Senior Services of Southeastern Virginia are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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