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Baly - About the company

Baly is a seed company based in Baghdad (Iraq), founded in 2021 by Munqith Alazzawi. It operates as an App-based platform offering ride-hailing and on-demand delivery services. Baly has raised $10.5M in funding. The company has 7 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Careem, Obr Taxi and TAXINA.

Company Details

App-based platform offering ride-hailing and on-demand delivery services. The platform enables users to find, book their rides by providing location, passenger details, etc. It also offers delivery services, etc. It offers features like live vehicle tracking, in-app payments, etc. The mobile application is available for Android and iOS platforms.
Website
baly.iq
Social
X
Email ID
*****@baly.iq
Key Metrics
Founded Year
2021
Location
Baghdad, Iraq
Stage
Seed
Total Funding
$10.5M in 1 round
Latest Funding Round
Ranked
Employee Count
802 as on Sep 30, 2026
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Baly's funding and investors

Baly has raised a total funding of $10.5M over 1 round. Its latest funding round was a Seed round on Jan 28, 2022 for $*****. 7 investors participated in its latest round. Baly has 8 institutional investors.

Here is the list of recent funding rounds of Baly:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 28, 2022
7166541
Seed
4494052
9419314
7007808
6468545
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Baly's founders and board of directors

Founder? Claim Profile
The founders of Baly is Munqith Alazzawi.
Here are the details of Baly's key team members:

Baly's employee count trend

Baly has 802 employees as of Sep 26. Here is Baly's employee count trend over the years:
Employee count trend for Baly
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Baly's Competitors and alternates

Top competitors of Baly include Careem, Obr Taxi and TAXINA. Here is the list of Top 10 competitors of Baly, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Careem
Careem
2012, Dubai (United Arab Emirates), Acquired
App-based ride-hailing aggregator
$772M
78/100
2nd
Logo for Baly
Baly
2021, Baghdad (Iraq), Seed
App-based platform offering ride-hailing and on-demand delivery services
$10.5M
57/100
3rd
Logo for Obr Taxi
Obr Taxi
2018, Baghdad (Iraq), Unfunded
App-based platform offering taxi-hailing services
-
-
40/100
4th
Logo for TAXINA
TAXINA
2019, Iraq, Deadpooled
App-based platform offering ride-hailing services
-
-
26/100
5th
Logo for FlitWays
FlitWays
2012, Culver City (United States), Deadpooled
Taxi booking platform
$655K
26/100
6th
Logo for SK Taxi
SK Taxi
2014, Sulaymaniyah (Iraq), Unfunded
App-based platform offering taxi-hailing services
-
-
25/100
7th
Logo for Taxi Reem
Taxi Reem
2017, Baghdad (Iraq), Unfunded
Cab booking app
-
-
23/100
8th
Logo for LadyGo
LadyGo
Baghdad (Iraq), Unfunded
App-based platform offering women-centric ride-hailing services
-
-
16/100
9th
Logo for Hopic AI
Hopic AI
Erbil (Iraq), Unfunded
Provider of digital marketplace connecting passengers with local transport drivers
-
-
16/100
10th
Logo for Ziiara
Ziiara
2022, Baghdad (Iraq), Deadpooled
App-based platform offering taxi-hailing services
-
-
15/100
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Baly's Investments and acquisitions

Baly has made no investments or acquisitions yet.

Reports related to Baly

Here is the latest report on Baly's sector:

FAQs about Baly

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