When was Udrive founded?

Udrive was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Udrive located?

Udrive is headquartered in Dubai, United Arab Emirates.

How many employees does Udrive have?

As of Jul 01, 2024, the latest employee count at Udrive is 51 - 200.

Is Udrive a funded company?

Udrive is a funded company, having raised a total of $17.3M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2017.

When was the latest funding round of Udrive?

Udrive's latest funding was a $***** Series B round on Feb 21, 2022, with participation from 2 investors.

Where does Udrive rank among its competitors?

Udrive ranks 2nd amongst 26 active competitors, of which 7 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Finalrentals, which secured an undisclosed amount in Feb, 2025.

Who are the top competitors of Udrive?

Udrive's top competitors include Lime, TIER and Indigo Rent A Car. Among them, Finalrentals secured the most recent funding round in February, 2025.

Udrive - 2026 Company Profile, Team, Funding & Competitors

Udrive is a series B company based in Dubai (United Arab Emirates), founded in 2016 by Hasib Khan. It operates as an App-based self-drive car-rental platform. Udrive has raised $17.3M in funding from OHI Group of Companies and Dubai Cultiv8. The company has 26 active competitors, including 7 that are funded. Its top competitors include companies like Lime, TIER and Indigo Rent A Car.

Company Details

App-based self-drive car-rental platform. Users can find, locate & book their cars through the platform. Once users book the car & OTP will be shared with the user & they can unlock the vehicle by entering the OTP before the ride. Users can drive to the destination location & they can leave the vehicle anywhere in the legal parking spot. Their mobile app is available for both Android & iOS devices.

Website: udrive.ae
Social
Email ID: *****@udrive.ae
Phone Number: +971 **********

Key Metrics

Founded Year

2016

Location

Dubai, United Arab Emirates

Stage

Series B

Total Funding

$17.3M in 6 rounds

Latest Funding Round

Series B, Feb 21, 2022, $*****

Investors

OHI Group of Companies & 4 more

Ranked

2^nd among 26 active competitors

Employee Count

51 - 200 as on Jul 01, 2024

Similar Companies

MILES Mobility & 144 more

View Udrive's full profile

Udrive has raised a total funding of $17.3M over 6 rounds. Its first funding round was on 2017. Its latest funding round was a Series B round on Feb 21, 2022 for $*****. 2 investors participated in its latest round. Udrive has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Udrive:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 21, 2022	2290220	Series B	1225338	6515689	8957281	8079264
Jul 27, 2021	9867638	Series B	1143338	7134520	1207762	4845280
Dec 21, 2020	7454705	Series B	8184834	5877326	9519193	1991326

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View details of Udrive's funding rounds and investors

The founders of Udrive is Hasib Khan.

Here are the details of Udrive's key team members:

Hasib Khan: Founder & CEO of Udrive.

View details of Udrive's Founder profiles and Board Members

Udrive's employee count trend

Udrive has 51 - 200 employees as of Jul 24. Here is Udrive's employee count trend over the years:

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Top competitors of Udrive include Lime, TIER and Indigo Rent A Car. Here is the list of Top 10 competitors of Udrive, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lime 2017, San Francisco (United States), Series D	App-based rental platform providing self-drive electric kick-scooter	$1.71B	Andreessen Horowitz, IVP & 99 others	82/100
2nd	Udrive 2016, Dubai (United Arab Emirates), Series B	App-based self-drive car-rental platform	$17.3M	Polymath Digital, Dubai Cultiv8 & 3 others	63/100
3rd	TIER 2018, Berlin (Germany), Series D	App-based rental platform for electric kick-scooters	$660M	Mubadala, SoftBank Vision Fund & 27 others	58/100
4th	Indigo Rent A Car 2011, Dubai (United Arab Emirates), Unfunded	App-based platform offering car rental services	-	-	43/100
5th	Urent 2019, Dubai (United Arab Emirates), Seed	App-based P2P car-rental aggregator for individuals & businesses	-	-	43/100
6th	OneClickDrive 2015, Dubai (United Arab Emirates), Unfunded	Platform connecting users with car rental, sales, and chauffeur services	-	-	42/100
7th	Finalrentals 2016, Dubai (United Arab Emirates), Seed	Online platform facilitating car rental bookings with local car rental companies	-	Fuel Ventures, Enterprise 100 & 2 others	42/100
8th	EZhire Technologies 2016, Dubai (United Arab Emirates), Funding Raised	App-based self-drive car rental platform	-	Nama Ventures	42/100
9th	FriendyCar 2016, Dubai (United Arab Emirates), Seed	App-based marketplace for P2P car rentals	$18.5K	Startupbootcamp	39/100
10th	Dryve 2018, Dubai (United Arab Emirates), Funding Raised	P2P car rental markeptlace	-	Seedstars	37/100