Karhoo was a relatively new ‘game-changer’ app that helps you compare taxi prices and book your ride for a fixed price. Unlike rival taxi-haling apps like Hailo and Kabbee, Karhoo lets you compare various options including licensed black cabs, local minicabs and executive cars at a glance in one place.
Answers - 1
Karhoo lost a significant amount of money due to having a very poor product. For example, due to their flawed promo code system, they ended up giving users over £100 in free taxi rides.
- https://www.crunchbase.com/organization/karhoo/funding-rounds