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
Founders / Decision Makers
Team member
Employees 6534
Funding Stage Acquired
Business Model Platform, B2C, On Demand
Revenue Model Commission, Subscription, Transaction Fee

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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.

Business keywords: 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 $3.10B 1
Uber
01 Jan 2020
Series E $200.00M 4
The Group Ventures, STV +2
01 Oct 2018
Series D $150.00M 1
IDI Partners
01 Aug 2017
Series D $350.00M 9
BECO Capital, The Group Ventures +7
01 Dec 2016
Series C $60.00M 6
BECO Capital, The Group Ventures +4
01 Nov 2015
Series B $10.00M 3
BECO Capital, The Group Ventures +1
01 Dec 2014
Early VC $1.70M 2
STC Ventures, IRIS
01 Jan 2014
Seed $1.70M 1
STC Ventures
01 Sep 2013

Careem Alternatives & Competitors

View All Alternatives
Careem vs
Bolt
Bolt Estonia

Making cities for people, not cars.

Series F+
15413 employees
Food Delivery, Mobile
Careem vs
Alteza
Alteza India

Tech Innovators of Healthcare

33 employees
Information Technology
Careem vs
Glovo
Glovo Spain

We’re building the largest marketplace in your city to give you access to anything in minutes.

Not Funded/Unknown
12992 employees
Food Delivery, Logistics

FAQ About Careem

Everyday life, made simple. πŸ˜‰
Careem was founded in 2012.
Careem is headquartered in United Arab Emirates.
Careem has a Platform, B2C and On Demand business model. Its revenue comes from Commission, Subscription and Transaction Fee.
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 Bolt, Alteza , Glovo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Careem and Bolt 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.

Source: BounceWatch company record for Careem, https://bouncewatch.com/company/careem, updated 21 May 2026. When citing, please name BounceWatch and link this page.

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