United Arab Emirates · Series F startup

Who invested in Careem

5 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summaryUpdated 26 Oct 2026

$622Mraised across 5 rounds since 2013, from 5 sources

$1.7MSeed$10MSeries B$60MSeries C$350MRound$200MSeries F
Latest round
Series F, $200MOct 2018
Biggest round
$350MRound · Dec 2016
Investors
10 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20142015201620172018
$1.7MSeed$10MSeries B$60MSeries C$350MRound$200MSeries F
First round
Seed, $1.7M
Sept 2013
Biggest round
$350M
Round · Dec 2016
Usual gap between rounds
15 months
the median of 4
CareemConsumer internet1 / 38Their pitch deckCareem's pitch deck, 38 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Oct 2018
    Series F$200M4 new1 returning

    Reported by Reuters

  2. Dec 2016
    Round$350M2 new

    Reported by TechCrunch

  3. Nov 2015
    Series C$60M2 new1 returning

    From a historical funding record

  4. Dec 2014
    Series B$10M1 new

    From a historical funding record

  5. Sept 2013
    Seed$1.7M1 new

    Reported by gulfbusiness.com

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Seed2013Series B2014Series C2015Round2016Series F2018Rakuten CapitalSTC VenturesSaudi Telecom CompanyLCoatueLumia CapitalAbraaj GroupSTVAl TayyarAl Tayyar GroupKingdom Holding

The exit

ExitBuyerPriceWhen
AcquiredUber$3.1BMar 2019

From historical deal records. Wrong? Tell us.

Everyone who backed them

Rakuten CapitalCorporate VC2rounds
STC VenturesMicro VC2rounds
Saudi Telecom CompanyGrowth equity1round, led 1
CoatueVC firm1round
Lumia CapitalVC firm1round
Abraaj GroupPrivate equity1round
STVVC firm1round
Al TayyarCorporate VC1round
Al Tayyar Groupno record of our own yet1round
Kingdom Holdingno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 6 firms list Careem as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Iris CapitalVC firmPer its own site
COTU VenturesVC firmPer its own site
March HoldingFamily officePer its own site
Cedar Mundi VenturesVC firmPer its own site
Wamda CapitalVC firmPer its own site

Quick answers about Careem

Who invested in Careem?

Careem's investors include Rakuten Capital, STC Ventures, Saudi Telecom Company, Coatue and Lumia Capital, and 5 more on record.

How much has Careem raised?

Careem has raised $622M across 5 rounds since 2013.

When did Careem last raise?

Careem's most recent round was a Series F of $200M in Oct 2018.

What was Careem's biggest round?

Careem's largest round on record is $350M (Undisclosed round), in Dec 2016, led by Saudi Telecom Company.

Who backed Careem first?

Careem's first round on record, in Sept 2013, was backed by STC Ventures.

What stage is Careem at?

Careem's latest named round is a Series F, in Oct 2018.

Where is Careem based?

Careem is based in the United Arab Emirates.

Who led Careem's rounds?

Saudi Telecom Company led the Undisclosed round in 2016.

Companies like Careem

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