Ousta
Ride-hailing startup.
Description
As a company, OUSTA was a trusted network of limousine drivers/companies to help people move easier. OUSTA only relied on licensed and professional drivers to provide users with convenient, reliable, cost effective, and safe rides.
Legal Name
-
Former Legal Name(s)
-
Company Reputation
-
Entity Type
Private limited company
Ownership Status
-
Operational Status
Inactive
Founded Date
2016
Operational Duration
3 years
Shutdown Date
2019
Last Financing Round
Funding round
Total Raised
USD 1.6M
Last Financing Date
28 Aug 2016
No. of Funding Round(s)
2
No. of Investor(s)
-
No. of Employees
10 - 50
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Growth
Transactional Model Type
B2C
Defensibility Moats
Standards,
City
Al Qahirah
State/Province
Cairo
Country
Egypt
Industry
Internet
Categories
Car Service, Car Sharing, Transportation,
- Strong Competition
- Ousta shut down after it faced tremendous competition from global ride-hailing pioneer Uber and regional super-power Careem.
- In December 2016, both Carem and Ousta filed complaints with the Egyptian Competition Authority against competitor Uber for “flooding the local market”.
- The startups filed a complaint after Uber decided to not raise fares and forgo the 20% service fee it charges drivers until the end of January 2017.
Faced tremendous competition
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Sheprd | 28.9% | Transportation for students in its fleet of safe, fully-insured, and licensed SUVs. | Internet | Child Transportation Service, Transportation, Applications, Children, Ride Sharing | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2016 | - | - | - |
2. |  | AUTOnCAB | 26.5% | An auto-hailing mobile app focused on making daily commute a breeze. | Internet | Transportation, Mobile Applications, Car Service, Ride Sharing | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2014 | - | - | - |
3. |  | eXiche | 26.4% | Online to offline car wash services. | Internet | Car Service, Consumer Services | China | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2013 | - | - | - |
4. |  | Carpooling.com | 21.8% | A ride-sharing network. | Internet | Transportation, Ride Sharing, Ride Sharing | Germany | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2006 | - | - | - |
5. |  | Hey Bob | 21.5% | An on-demand bike taxi. | Internet | Transportation, Applications, Public Transportation, Ride Sharing | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2015 | - | - | - |
6. |  | GoMyWay | 19.8% | A ride-sharing service that connected private car owners with empty seats to passengers going the same way across Nigeria. | Internet | Ride Sharing, Ride Sharing, Public Transportation | Nigeria | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
7. |  | Shuddle | 19.3% | A company that designed and developed mobile application which allows parents to hire transportation service for their children. | Internet | Child Transportation Service, Applications, Software, Transportation | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2014 | - | - | - |
8. |  | Sidecar | 18.0% | A B2B on-demand delivery service. | Internet | Ride Sharing, Ride Sharing, Consumer Services, Transportation, Mobile Applications | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2011 | - | - | - |
9. |  | TaxiForSure | 14.4% | An aggregator of car rentals and taxis. | Internet | Public Transportation, Transportation, Leisure, Taxi Aggregator | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 250-500 | - | - | Inactive | - | - | 2011 | - | - | - |
10. |  | ParkFlyRent | 12.9% | An airport carsharing platform. | Internet | Automotive, Ride Sharing | Netherlands | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2013 | - | - | - |
11. |  | Trevo | 12.5% | Uber for 'Intra-City Bus-Pooling'. | Internet | Public Transportation, Travel and tourism, Ride Sharing, Applications | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
12. |  | Luxe | 8.4% | An on-demand valet parking and car services app. | Internet | Logistics, Parking, Transportation, Consumer Services | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 100-250 | - | - | Inactive | - | - | 2013 | - | - | - |
13. |  | Flytenow | 7.7% | Connected people with pilots so they can get off the ground easily. | Internet | Travel and tourism, Transportation, Collaborative Consumption | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2013 | - | - | - |
14. |  | Ezytruk Solutions | 6.6% | A data driven aggregation platform for the goods transportation market place. | Internet | Logistics, Real Time, Software, Transportation, On-Demand Service | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
15. |  | Maven | 6.0% | Car-sharing service. | Internet | Ride Sharing, Marketplace, Software, Transportation | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2016 | - | - | - |
16. |  | Truckmandi | 5.5% | An online truck booking solution, which simplified the task of handling bulk transport with the help of technology. | Internet | Truck Aggregator, Logistics, Applications, Transportation, Supply Chain | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2015 | - | - | - |
17. |  | Zippon | 5.4% | An online platform that offered moving services. | Internet | Transportation, Truck Aggregator | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2014 | - | - | - |
18. |  | TaxiMonger | 3.9% | Let customers book taxis with an app. | Internet | Applications, Mobile Applications, Transportation | Malaysia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2012 | - | - | - |
19. |  | Onepagetrip | 2.9% | A travel community combined with trip planning tools. | Internet | Transportation, Travel and tourism | Australia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
- |  | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Nader El-Batrawi | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2. |  | Omar Salah | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | 28 Aug 2016 | Funding round | USD 1.3M | - | - | - | - | - | - | - | Completed | ||
2. | 1 Jan 2016 | Funding round | USD 300K | - | - | - | 2 | - | - | - | Completed |
