COMPANY PROFILE

ekar

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Pay-as-you-drive hourly and daily car rental service

Dubai, United Arab EmiratesFounded 2015Transportation

Valuation $50–100M Last recorded · 2023

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About ekar

Ekar is a self-drive mobility platform operating in the Middle East, launched in 2016. The company provides car-sharing and subscription leasing services through its mobile application.

Its business model is centered on a pay-as-you-drive system, allowing users to rent vehicles for short periods, from per-minute to daily and weekly options. This model provides a flexible and cost-effective alternative to traditional car ownership and rental services. In addition to on-demand rentals, ekar offers a car subscription service, providing users with longer-term access to vehicles without the commitments of ownership.

The platform serves a broad consumer base seeking convenient and on-demand transportation solutions in urban environments. By leveraging its app-based system, the company streamlines the process of finding, booking, and unlocking vehicles, making mobility more accessible. The company generates revenue through rental fees, which vary based on the duration of use, and from its monthly subscription plans.

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At a glance

Status: Operational
Founded: 2015
Headquarters: Dubai, United Arab Emirates
Employees: 241
Open positions: None listed
Dealroom signal: 64.7/100
Sub-industry: Mobility, Search, Buy & Rent
Sector: Transportation, Automotive, Car Rental, Car Sharing, Autonomous Mobility, Ride-Sharing, Micromobility, Urban Tech, Hard Tech
Technology: Autonomous & Sensor Tech, Mobile app
Business model: Marketplace & ecommerce
Client focus: b2c
Links: Website LinkedIn X

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES C✓Equity / VC	Mar 2023	$17M	$66M	Undisclosed	—
SERIES B✓Equity / VC	Nov 2019	$18M	$70M	Al Yemni Group · Audacia Capital · Polymath Ventures	↗

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Growth signals

ekar website traffic

Latest recorded traffic for ekar is 410 monthly website visits, down 34.9% over the last three months. ekar's team declined 2% over the past year.

Latest monthly visits410 3-month web change-34.9% 1-year team growth-2%

Monthly website visitsFeb 2017–Jul 2026

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