Location
Headquarters: Dubai, Dubai, United Arab Emirates, Asia
Region: Dubai
Country: AE
Continent: Asia
About
Careem operates as a regional on-demand mobility and lifestyle platform, offering services that cover rides, food delivery, groceries, and payments. Its platform connects users with a network of drivers and partners to move people and goods across the Middle East and surrounding regions. The company positions itself as the region’s comprehensive “everything app,” integrating transportation, food, groceries, and financial services under one ecosystem. It emphasizes regional focus, engineering at multiple tech sites, and a mission to simplify and improve everyday life.
Careem operates a multi-service platform in the Middle East and North Africa, providing ride-hailing, food and grocery delivery, and digital payment solutions. The company connects consumers with drivers and merchants through a single application ecosystem. It functions as a regional technology provider for mobility and lifestyle services.
Careem Networks FZ LLC
2012
for_profit
active
Industries
Primary Industry: Transportation
Categories
Funding & Financials
Series F
770000000
200m-1b
private
Investors
Founders
Abdulla Elyas
Karl Olsson
Mudassir Sheikha
Leadership
Mudassir Sheikha — Co-Founder and CEO
Abdulla Elyas — Co-founder and CPO/ MD
Karl Olsson — Founder and Managing Director
Nader Soliman — Senior Software Engineering Manager
Madiha Sattar — VP, Careem Pay
Mahmoud Said Salem — Enterprise Architect II
Nasser Khanjar — Senior Account Manager
Roman Atachiants — Principal Software Engineer
Mudassir Sheikha — board_member
Oskar Mielczarek de la Miel — board_member
Abdullah al Dawood — board_member
Technology Stack
Products
Ride Hailing: Careem offers a ride-hailing service allowing users to book rides for everyday trips, commutes, and group travel, including options for children with child seats.
Careem Plus: A subscription service providing benefits like cashback on rides, unlimited free delivery on food and groceries, and discounts on dining out.
Careem Pay: A digital payment service integrated into the Careem app for managing transactions and payments.
Careem BIKE: A bike-sharing service offering affordable and sustainable transportation options with various membership plans.
DineOut: A service for restaurant partners to streamline operations and enhance customer experience, including delivery and dining discounts.
Captains: A program for drivers and delivery personnel to earn income through flexible work hours and professional training.
Funding rounds
ACQUISITION · 3100000000 · (2020-01-01T00:00:00)
SERIES_E · 200000000 · (2018-10-01T00:00:00)
SERIES_D · 150000000 · (2017-06-01T00:00:00) · Lead: Coatue Management
SERIES_D · 350000000 · (2016-12-01T00:00:00)
SERIES_C · 60000000 · (2015-11-01T00:00:00)
SERIES_B · 10000000 · (2014-12-01T00:00:00)
EARLY_VC · 1700000 · (2014-01-01T00:00:00)
SEED · 1700000 · (2013-09-01T00:00:00)
