# Careem funding: rounds and investors > Careem has raised $622M across 5 rounds since 2013. Investors include Rakuten Capital, STC Ventures and Saudi Telecom Company. Every round with its source. Source: https://millionrounds.com/company/careem (Millionrounds; every figure on the page links to its filing or article) United Arab Emirates · [Series F startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$622M** raised across 5 rounds since 2013, from 5 sources **$1.7M** Seed **$10M** Series B **$60M** Series C **$350M** Round **$200M** Series F - **Latest round:** Series F, $200M Oct 2018 - **Biggest round:** $350M Round · 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. 2014 2015 2016 2017 2018 **$1.7M** Seed **$10M** Series B **$60M** Series C **$350M** Round **$200M** Series F - **First round:** Seed, $1.7M - **Biggest round:** $350M - **Usual gap between rounds:** 15 months [**Careem** Consumer internet 1 / 38 Their pitch deck **Careem's pitch deck, 38 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/careem) ## The rounds - **Oct 2018** Series F **$200M** *4 new* *1 returning* [Coatue](https://millionrounds.com/fund/coatue-management) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [STV](https://millionrounds.com/fund/stv) Al Tayyar Group Kingdom Holding Reported by Reuters - **Dec 2016** Round **$350M** *2 new* [Saudi Telecom Company](https://millionrounds.com/fund/saudi-telecom-company-2) Lead [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Reported by TechCrunch - **Nov 2015** Series C **$60M** *2 new* *1 returning* [Lumia Capital](https://millionrounds.com/fund/lumia-capital) [STC Ventures](https://millionrounds.com/fund/stc-ventures) [Abraaj Group](https://millionrounds.com/fund/abraaj-group) From a historical funding record - **Dec 2014** Series B **$10M** *1 new* [Al Tayyar](https://millionrounds.com/fund/al-tayyar) From a historical funding record - **Sept 2013** Seed **$1.7M** *1 new* [STC Ventures](https://millionrounds.com/fund/stc-ventures) 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. **Seed** 2013 **Series B** 2014 **Series C** 2015 **Round** 2016 **Series F** 2018 [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [STC Ventures](https://millionrounds.com/fund/stc-ventures) [Saudi Telecom Company](https://millionrounds.com/fund/saudi-telecom-company-2) L [Coatue](https://millionrounds.com/fund/coatue-management) [Lumia Capital](https://millionrounds.com/fund/lumia-capital) [Abraaj Group](https://millionrounds.com/fund/abraaj-group) [STV](https://millionrounds.com/fund/stv) [Al Tayyar](https://millionrounds.com/fund/al-tayyar) Al Tayyar Group Kingdom Holding ## The exit Exit Buyer Price When Acquired Uber $3.1B Mar 2019 From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=careem). ## Everyone who backed them [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Corporate VC **2** rounds [STC Ventures](https://millionrounds.com/fund/stc-ventures) Micro VC **2** rounds [Saudi Telecom Company](https://millionrounds.com/fund/saudi-telecom-company-2) Growth equity **1** round, led 1 [Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round [Lumia Capital](https://millionrounds.com/fund/lumia-capital) VC firm **1** round [Abraaj Group](https://millionrounds.com/fund/abraaj-group) Private equity **1** round [STV](https://millionrounds.com/fund/stv) VC firm **1** round [Al Tayyar](https://millionrounds.com/fund/al-tayyar) Corporate VC **1** round Al Tayyar Group no record of our own yet **1** round Kingdom Holding no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=careem). ## 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 Capital](https://millionrounds.com/fund/iris) VC firm Per its own site [COTU Ventures](https://millionrounds.com/fund/cotu-ventures) VC firm Per its own site [March Holding](https://millionrounds.com/fund/march-holding-2) Family office Per its own site [Cedar Mundi Ventures](https://millionrounds.com/fund/cedar-mundi-ventures) VC firm Per its own site [Wamda Capital](https://millionrounds.com/fund/wamda-capital) VC firm Per its own site [Impulse International for Telecommunications](https://millionrounds.com/fund/impulse-international-for-telecommunications) VC firm Per 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 In the same sector, and raised in the last eighteen months. [**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app