# Careem

> Careem is a VC fund in Dubai backing Internet, Mobile and Travel. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dubai, United Arab Emirates
- Total investments: 4
- Last investment: Sep 2025
- Lead investor: 75%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/careem
- X (Twitter): https://twitter.com/careem
- Website: http://careem.com
- Facebook: http://www.facebook.com/GoCareem

Careem is a VC fund in Dubai focused on Internet and Mobile. Careem operates a car booking platform that connects passengers with local drivers. The company's platform provides a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their credit card of choice, giving passengers access to affordable and advantageous transportation.

## Contacts

5 contacts available for Careem. Shizune tracks 11 team members at Careem. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/careem?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet | 2 | 50% |
| Mobile | 1 | 25% |
| Travel | 1 | 25% |
| Software | 1 | 25% |
| Marketing | 1 | 25% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Corporate Round | 2 | 50% |
| Seed | 1 | 25% |
| Pre-Seed | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Egypt | 2 | 50% |
| Ireland | 1 | 25% |
| United Arab Emirates | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Abdulla Elyas | Co-founder and CPO/ MD | 7 | https://shizune.co/investors/profile/abdulla-elyas |
| Ahmed Kamal | Lead MTS - Machine Learning Platform | 0 | https://shizune.co/investors/profile/ahmed-kamal-bad2 |
| Karl Olsson | Founder and Managing Director | 5 | https://shizune.co/investors/profile/magnus-olsson |
| Madiha Sattar | VP, Careem Pay | 0 | https://shizune.co/investors/profile/madiha-sattar |
| Mahmoud Khaled | Head of Mobility Client Side Engineering | 0 | https://shizune.co/investors/profile/mahmoud-khaled |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Swapp | Swapp is a peer-to-peer car subscription platform that gives users a digital and flexible alternative to buying or leasing a car. JoinSwapp is an AI-powered real estate visualization platform that creates virtual staging, renovation previews, and property redesigns from photos. It helps agents, developers, and homeowners present spaces withrealistic AI-generated concepts, improving property marketing, buyer engagement, and design planning through fast, affordable, and visually compelling presentations. |  | Corporate Round | Sep 29, 2025 |  |
| Qureos | Qureos is a UAE-based AI recruitment and career-matching platform that helps employers automate candidate sourcing, screening, and hiring while providing job seekers with personalized job matching, resume feedback, and career support tools. Founded in 2021, the company operates across the GCC and MENA regions and has expanded into internationalmarkets. Its platform combines recruitment automation, AI-driven candidate matching, and talent management features through its AI recruiter assistant, Iris, which streamlines hiring workflows for businesses and recruitment teams. | $3M | Pre-Seed | Apr 06, 2022 |  |
| elmenus | elmenus is a venture-backed food discovery startup based in Egypt that serves over 1 Million monthly users. We are building a platform that combines a social, visual and personalized experience to help people discover and order the food they will love. |  | Corporate Round | Feb 28, 2022 |  |
| Swvl | Swvl offers an app that allows customers to book fixed-rate rides on buses and vans in their network. It allows people to share a ride in a van or bus during morning and evening commutes for a fixed flat fare with no surge pricing. Through an app, one can book a ride at an affordable rate. Launched in 2017, Swvl has its headquarters in Dubai,United Arab Emirates. | $500K | Seed | Jul 17, 2017 |  |

4 of 4 investments shown.

## Co-investors
- [Al Zayani Investments](https://shizune.co/investors/profile/al-zayani-investments) — VC Fund, 1 deal together
- [Al Zayani Venture Capital](https://shizune.co/investors/profile/al-zayani-venture-capital) — VC Fund, 1 deal together
- [Colle Capital Partners](https://shizune.co/investors/profile/colle-capital-partners) — VC Fund, 1 deal together
- [COTU Ventures](https://shizune.co/investors/profile/cotu-ventures) — VC Fund, 1 deal together
- [Dubai Angel Investors](https://shizune.co/investors/profile/dubai-angel-investor) — VC Fund, 1 deal together
- [Globivest](https://shizune.co/investors/profile/globivest) — VC Fund, 1 deal together

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## Featured in investor lists
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- [EdTech Investors in United Arab Emirates](https://shizune.co/investors/edtech-investors-united-arab-emirates)

## FAQ

### What does Careem invest in?

Careem invests primarily in Internet, Mobile and Travel startups, most often at Corporate Round and Seed stage. Most of the 4 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Careem?

Public channels for Careem include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Careem?

The team at Careem includes Abdulla Elyas (Co-founder and CPO/ MD), Ahmed Kamal (Lead MTS - Machine Learning Platform) and Karl Olsson (Founder and Managing Director), among 11 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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