Careem
| Type | Private |
| HQ | Dubai, AE |
| Founded | 2012 |
| Size (employees) | 2,659 (est)+4% |
| Website | careem.com |
Careem was founded in 2012 and is headquartered in Dubai, AE
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Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Careem
Mudassir Sheikha
CEO and Co-Founder
Magnus Olsson
Co-Founder
Abdulla Elyas
Co Founder
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Careem Office Locations
Careem has offices in Riyadh, Al Jubail, Karachi, Sheikh Zayed City 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
Founding Date | 2012 |
Careem total Funding | $571.7 m |
Time since last funding | a year ago |
Careem investors | Muna Easa Al Gurg, Greyhound Capital, Rakuten, Coatue Management, El Sewedy Investments, Kuwait Investment Authority, Daimler Mobility Services, DCM Ventures, Kingdom Holding Company, Wamda Capital, Abraaj Group, Endure Capital, STC Ventures, Lumia Capital, Didi Chuxing, BECO Capital, Al Tayyar, Arzan Venture Capital, SQM Frontier Management, Saudi Telecom Company |
Careem's latest valuation is reported to be $1.2 b.
Careem Revenue
Market valuation | 1.2b |
- Source: Techcrunch
Careem Operating Metrics
Careem's Users was reported to be 10 m in Jun, 2017.
| Dec, 2016 | Jun, 2017 | |
|---|---|---|
Active Cities | 50 | 80 |
Countries | 13 | |
Drivers | 150 k | 250 k |
Users | 10 m |
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Competitors
Careem Online and Social Media Presence
15.34k Twitter followers
Careem has 15.34k Twitter Followers. The number of followers has increased 0.9% month over month and increased 1.7% quarter over quarter
4.55m Facebook likes
Careem has 4.55m Facebook Likes. The number of likes has increased 0.7% month over month and increased 4.2% quarter over quarter
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Careem News and Updates
October 01, 2018
Mideast ride-hailing app Careem resumes Oman services
Careem has resumed services in Muscat, Oman after signing an agreement to partner with a local taxi company, the Middle East ride-hailing app company said on Monday.
September 24, 2018
CORRECTED: Ride-hailing firm Careem purchases Commut app
DUBAI (Reuters) - United Arab Emirates-based ride-hailing app Careem said on Monday it has acquired Commut, the Hyderabad-based mass transportation app.
September 24, 2018
Ride-hailing firm Careem purchases Commut app
United Arab Emirates-based ride-hailing app Careem said on Monday it has acquired Commut, the Hyderabad-based mass transportation app.
September 24, 2018
Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team
India is the new tech outsourcing destination for ride-hailing companies. Southeast Asia’s Grab and Go-Jek both have sizable engineering teams in the country, and now that duo is joined by another billion-dollar company. Careem, which is based in the Middle East and valued at over $1 billion, has en…
September 24, 2018
Dubai's Careem acquires Indian bus-shuttle app Commut
Dubai's ride-hailing app Careem Monday said it has acquired Hyderabad-based bus-shuttle service app Commut for an undisclosed amount.
Commut was set up in 2015 by six IIIT-Hyderabad graduates and is operational in the city. Backed by Shell-Foundation and 50K Ventures, Commut has served over 70,000 c…
September 24, 2018
Dubai ride-hailing firm Careem buys India's Commut to enter mass transport
The acquisition comes as Uber Technologies Inc. is in talks to buy Careem in a deal that could value it at $2 billion or more, people familiar said last week
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Careem Company Life and Culture
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