ekar is the Middle East’s first and largest personal mobility company, providing users on-demand access to a network of thousands of carshare and subscription leasing vehicles, and other mobility options all within its ‘Super App’. 

ekar’s vision is to improve the way people consume transportation.

ekar was founded in 2015 by Vilhelm Hedberg. The company is headquartered in Dubai, United Arab Emirates.

 

ekar operates across nine cities in Saudi Arabia and the U.A.E., with a fleet of 3,000 vehicles and 350,000 users. By November 2022, it has facilitated 1.75 million bookings.

 

ekar launched a digital peer-to-peer carshare service in Saudi Arabia, which allows car owners to rent their cars on the ekar platform. ekar partners with companies like Talabat, ENBD, ADCB, Saudi Aramco, Etihad Airways, Emirates Airlines, and leading car rental and leasing companies in the GCC.

 

ekar is backed by Polymath Ventures, Al Yemni Group and Audacia Capital. The company raised $17.5M in a Series B round on Nov 17, 2019. This brings ekar's total funding to $45M to date.

 

 

  • Year founded: 2015
  • Funding Info: $45M over 4 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Dubai
  • State: Dubai
  • Country: United States
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