Careem

Careem

Signal active

Investment Firm

Overview

Careem operates a car booking platform that connects passengers with local drivers. The company's platform provides a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their credit card of choice, giving passengers access to affordable and advantageous transportation.

Highlights

Founded

2012

Industry

Financial Services

Employees

1001-5000

Investment

3

Lead Investment

2

Exits

1

Stages

Seed

Investor Type

N/A

Location

Asia

Contact Information

Social

Profile Resume

Careem, established in 2012 and headquartered in Asia., specializes in Seed investments across Communities, Education, Social Recruiting, E-Learning, EdTech, FinTech, Health Care, Internet of Things, Logistics, Medical Device. The organization boasts a portfolio of 3 investments, with an average round size of $1.8M and 1 successful exits. Their recent investments include Qureos, Colle Capital Partners, Globivest, COTU Ventures, elmenus. The highest investment round they participated in was $350.0M. Among their most notable exits are Qureos and Colle Capital Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Nader Soliman

Nader Soliman

Senior Software Engineering Manager

imagePlace Mahmoud Said Salem

Mahmoud Said Salem

Enterprise Architect II

imagePlace Roman Atachiants

Roman Atachiants

Principal Software Engineer

imagePlace Mudassir Sheikha

Mudassir Sheikha

Co-Founder and CEO

imagePlace Magnus Olsson

Magnus Olsson

Founder and Managing Director

imagePlace Abdulla Elyas

Abdulla Elyas

Co-founder and CPO

Investment portfolio

Careem has made 3 investments. Their most recent investment was on Apr 06, 2022, when Qureos raised $3.0M.

investments

3

Diversity investments

0

Lead investments

2

Number of exits

1

Investments

3

Annouced DateOrganization NameIndustryMoney Raised
Jul 17, 2017--500.0K
Feb 28, 2022
elmenus elmenus
Mobilenull
Apr 06, 2022
Qureos Qureos
Communities3.0M

Exits

1

Funding Timeline

Funding rounds

3

Investors

23

Funds

0

Funding Rounds

3

Careem has raised 3 rounds. Their latest funding was raised on Apr 06, 2022 from a Pre Seed Round - Qureos round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jul 17, 2017
Seed Round - Swvl Seed Round - Swvl
-500.0K-
Feb 28, 2022
Corporate Round - elmenus Corporate Round - elmenus
-0-
Apr 06, 2022
Pre Seed Round - Qureos Pre Seed Round - Qureos
-3.0M-

Investors

36

Careem is funded by 36 investor(s). Rakuten and STV Kantor are the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
Seera Seera
No
Series F - Careem
200.0M
Kingdom Holding Company Kingdom Holding Company
Yes
Series F - Careem
200.0M
STV STV
No
Series F - Careem
200.0M
Rakuten Rakuten
No
Series F - Careem
200.0M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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