OverviewSuggest Edit

Careem is an app-based car service that connects people to rides. The Company designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and quick transportation.
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TypePrivate
Founded2012
HQDubai, AE
Websitecareem.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Feb 2019)2,988(+4%)
Job Openings88

Key People/Management at Careem

Mudassir Sheikha

Mudassir Sheikha

CEO and Co-Founder
Magnus Olsson

Magnus Olsson

Co-Founder
Abdulla Elyas

Abdulla Elyas

Co Founder
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Careem Office Locations

Careem has offices in Dubai, Al Jubail, Sheikh Zayed City, Riyadh and in 2 other locations
Dubai, AE (HQ)
4004 Shatha Tower
Sheikh Zayed City, EG
42-44 Syria, Mit Akaba
Karachi, PK
Dilkusha Forum 7 Tariq Rd
Al Jubail, SA
Dhahran Jubail Expy
Riyadh, SA
2869 Dammam Branch Rd
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Careem Financials and Metrics

Summary Metrics

Careem's latest funding round in October 2018 was reported to be $200 m. In total, Careem has raised $771.7 m. Careem's latest valuation is reported to be $1.2 b.
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Careem Revenue

Market valuation

1.2b
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Careem Operating Metrics

Careem's Users was reported to be 10 m in Jun, 2017.
Dec, 2016Jun, 2017

Active Cities

50 80

Countries

13

Drivers

150 k250 k

Users

10 m
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Careem Online and Social Media Presence

Embed Graph
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Careem News and Updates

Careem launches delivery service, expects to close funding round soon

Careem launched a delivery service covering everything from takeaway food to pharmaceuticals on Monday, diversifying from its core Middle East ride-hailing business and increasing competition with rival Uber Technologies.

Uber's Middle East rival Careem launches bus-booking service in Egypt

Middle East ride-hailing company Careem said on Monday it had launched a bus-booking service in Egypt and would soon expand it into Saudi Arabia and Pakistan.

Uber's Middle East rival Careem looks to raise up to $200 mln in China -source

Careem, Uber's main Middle East rival, is looking at raising between $100 million and $200 million from Chinese investors, a source with direct knowledge of the matter told Reuters.

UPDATE 1-Mideast ride-hailing firm Careem working with Jefferies -sources

Middle East ride-hailing firm Careem has been working with investment bank Jefferies as an adviser on investment options and fundraising, including a potential mergers and acquisition deal in the region with Uber Technologies Inc, three sources familiar with the matter said.

Mideast ride-hailing firm Careem working with Jefferies: sources

Middle East ride-hailing firm Careem has been working with investment bank Jefferies as an adviser on investment options and fundraising, including a potential Middle East M&A deal with Uber Technologies, three sources familiar with the matter told Reuters.

Mideast ride-hailing firm Careem working with Jefferies -sources

Middle East ride-hailing firm Careem has been working with investment bank Jefferies as an adviser on investment options and fundraising, including a potential Middle East M&A deal with Uber Technologies, three sources familiar with the matter told Reuters.
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Careem Company Life and Culture

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Careem Frequently Asked Questions

  • When was Careem founded?

    Careem was founded in 2012.

  • Who are Careem key executives?

    Careem's key executives are Mudassir Sheikha, Magnus Olsson and Abdulla Elyas.

  • How many employees does Careem have?

    Careem has 2,988 employees.

  • Who are Careem competitors?

    Competitors of Careem include Ola , Uber and Lyft.

  • Where is Careem headquarters?

    Careem headquarters is located at 4004 Shatha Tower, Dubai.

  • Where are Careem offices?

    Careem has offices in Dubai, Al Jubail, Sheikh Zayed City, Riyadh and in 2 other locations.

  • How many offices does Careem have?

    Careem has 7 offices.