Careem Stock

Helps commuters in Dubai find cars for hire.

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About Careem Stock

Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Funding History

September 2013$1.7M
December 2014$10.0M
November 2015$60.0M
December 2016$350M
June 2017$150M
October 2018$200M


Co-Founder and Managing Director

Mudassir Sheikha

Co-Founder & Managing Director

Magnus Olsson

Co-founder and CPO

Abdulla Elyas


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