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Udrive logo — Middle East’s top car sharing and rental services provider.

Udrive

Middle East’s top car sharing and rental services provider.

Founded 2016 United Arab Emirates United Arab Emirates 89 employees Venture round Total: $14.30M Information Technology, Mobile +2

General Information

Company Name Udrive
Founded Year 2016
Location United Arab Emirates United Arab Emirates
Employees 89
Industries Information Technology, Mobile, Mobility +1
Funding Stage Venture round
Social

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About Udrive

Udrive is a pioneering pay-per-minute car sharing service in the Middle East, founded in 2016. Its slogan "Experience the Middle East's pioneering pay-per-minute car sharing service with seamless mobile access for convenient rentals on the go" reflects its dedication to providing convenient transportation solutions. The company operates at the intersection of Information Technology and Transportation, leveraging mobile technology to offer on-the-go car rental services. In its most recent investment round in January 2023, Udrive secured funding from Polymath Digital. This strategic investment will likely fuel Udrive's expansion and further solidify its position as a leader in the evolving mobility space. Udrive's innovative approach and focus on mobile accessibility have the potential to disrupt the traditional car rental industry in the Middle East.

Business keywords: car sharing, pay-per-minute, Middle East, mobile access, convenient rentals, Udrive, innovative transportation, on-demand, urban mobility, startup, tech-driven, convenience, sustainable transportation, smart mobility, Digital disruption

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Polymath Digital
01 Jan 2023
Venture Round $5.00M 2
Dubai Cultiv8, OHI Group
21 Feb 2022
Series A $5.00M 2
Cherif Sleiman, Asif Keshodia
27 Jul 2021
Equity Crowdfunding $1.30M -
21 Dec 2020
Seed Round $2.00M -
02 May 2019
Pre Seed Round $1.00M -
01 Jan 2018

Udrive Alternatives & Competitors

View All Alternatives
Udrive vs
Zipcar
Zipcar United States

Cars near you, 24/7

Series G
429 employees
Mobility, Transportation
Udrive vs
TikTak
TikTak Turkey

Arabanın Kolayı TikTak’ta. İster dakikalık, ister günlük kirala.

Corporate
316 employees
Mobile, Mobility
Udrive vs
BAQME
BAQME The Netherlands

Reducing short distance car trips in cities by providing active, fun, accessible mobility to everyon...

Equity Crowdfunding
9 employees
Information Technology, Internet

FAQ About Udrive

Middle East’s top car sharing and rental services provider.
Udrive was founded in 2016.
Udrive is headquartered in United Arab Emirates.
Udrive operates in Information Technology, Mobile, Mobility and Transportation. Its work centres on car sharing, pay-per-minute, Middle East and mobile access.
Udrive has approximately 89 employees.
Udrive has completed 6 funding rounds, raising a total of $14.30M. The latest funding stage is Venture round.
Top alternatives and competitors to Udrive include Zipcar, TikTak, BAQME, app2drive Deutschland GmbH & Co. KG, Rekola Bikesharing. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Udrive and Zipcar 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 Udrive, https://bouncewatch.com/company/udrive, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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