Careem’s pitch deck started with the words “Disclaimer – this is a HIGH RISK investment!” but for those angel investors who saw the potential, it generated a 100X return.
Seven years ago, Careem was a startup looking for investors and seven years later it ended with a $3.1 billion deal. That deal was the largest tech acquisition in the history of the region and represented a lift-off moment for startups in our part of the world.
Here’s the deck – in full – that Careem’s founders were presenting to potential investors. It’s a little piece of tech history for the Middle East, but also an insight into how a multi-billion dollar startup secured the vital early funding.
This pitch deck helped to raise $1.7 million.