Karhoo

Transparent marketplace for ground transportation

Overview
Product Description

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.

Quick Stats

2014

Started in

2016

Closed in

11-50

Employee (s)

$39,000,000

Total Raised

Why did Karhoo fail?

Aaron Kazah

Poor Product

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.

Investors - 3
Funding Rounds - 2

Venture - Unknown Amount

Venture - $39,000,000