Excited to announce our investment in Socure! Scale Venture Partners led the round, and we we were fortunate to co-invest alongside them and other investors including Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony, Sorenson Capital and ffVC.
In recent months, Careem has expanded into new markets across the region as well as tier two cities. Careem also leveraged the existing infrastructure built out for its ride-hailing service to launch online delivery for goods and services with initial efforts focused on foodservice. It also launched peer-to-peer, closed loop and prepaid credit transfer service to its consumer base. More recently, it introduced a rewards program, giving its 33 million users points on all rides.
SXSW VC Brunch March 10th, 2019
Thanks Capital Factory and NVCA for helping us host a great 2nd Annual SXSW Austin VC brunch. Steve Brotman was honored to receive the Capital Factory coin, commemorating his contribution and support of the Capital Factory program. Looking forward to working with you again next year! Keep March 15th, 2020 open for the next one.
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