Careem Networks FZ LLC

Careem Networks FZ LLC

Careem Networks FZ LLC

Date Founded



Shatha Tower,Dubai Media City,Office No. 4004,Dubai

Type of Company


Employees (Worldwide)

1,001 - 5,000


Consumer Services
Other Transportation
Other Business & Consulting Services
Consumer Finance
Internet Software & Services

Company Description

Careem Networks FZ LLC provides online private car booking services. The firm specializes in transportation, technology and logistics. It enables customers to order a car online or using its mobile application, allows customers to track their rides in real-time, pay with credit cards, and access receipts online. The company was founded by Karl Magnus Olsson, Abdullah Elyas and Mudassir Sheikha in July 2012 and is headquartered in Dubai, United Arab Emirates.

Contact Data
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Executives & Employees

Founder & Managing Director

Chief People Officer

General Manager

Lead Member of Technical Staff

Vice President

Senior Performance Marketing Manager

Operations Manager

Supply Manager

Marketing Analytics

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Recent Transactions
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Careem Networks FZ LLC purchases Smart Commut Technologies Pvt. Ltd. from 50Kventures Advisors

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Careem Networks FZ LLC purchases from Middle East Venture Partners, Honeybee Tech Ventures FZ LLC, Beco Capital Investment LLC

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Saudi Telecom Co. purchases Careem Networks FZ LLC from Abraaj Capital Ltd., Iris Capital Management SAS, Lumia Capital LLC, Wamda Capital, Beco Capital Investment LLC, Arzan Venture Capital

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Iris Capital Dubai is an active manager which provides equity financing for early and later stage capital requirements. The firm targets technology companies operating in the fields of information technology, communications, and media/entertainment.

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Alpha Venture Partners LLC invests in companies located in the US. The firm focuses on companies with revenues of $20 million. It targets companies operating in the fields of software and information technology sectors, including e-commerce, mobile, social, business process outsourcing, information services and tech-enabled services. It provides financing for growth and expansion stage capital requirements with an investment size ranging between $0.5 million and $20 million. It makes co-investments along with other investors and limited partners.

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Chief People Officer at Careem Networks FZ LLC

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