Careem

Everyday life, made simple. 😉

General Information
Industries
Financial Services, Logistics +3
Funding Stage
Series F
Product Stage
-
Business Model
-
Company Overview
Founded
2012
Employees
5768
Location
, United Arab Emirates
Website
Careem - Company Details

Careem is a renowned startup focusing on simplifying everyday life in the greater Middle East through its 'Everything App'. Launched in 2012, the company provides a comprehensive platform for transportation, food and grocery delivery, and payment management. With a powerful purpose to enhance people's lives and foster an inspirational organization, Careem has significantly impacted over 2.5 million ride-hailing and delivery Captains and more than 50 million customers across 70 cities in 10 countries from Morocco to Pakistan.

In 2019, Uber Technologies, Inc. acquired Careem, signifying a pivotal moment in the company's journey. Notably, in April 2023, the global technology investor e& (formerly Etisalat) joined as a partner after making a noteworthy investment in the Careem Everything App, further underlining the company's appeal and potential for growth. The recent $200.00M Series F investment on 18 October 2018 attracted prominent investors including Saudi Technology Ventures, Seera, Rakuten, and the Kingdom Holding Company.

With a strong foothold in various industries such as Financial Services, Logistics, Platforms, Transportation, Logistics, and Delivery, Careem's expansion and partnerships showcase its commitment to reshaping the technological landscape in the Middle East and beyond.

The bold partnerships and investments along with the promising growth trajectory position Careem as an intriguing prospect for potential investors seeking opportunities in the Middle East's burgeoning startup ecosystem.