Failed 2016
Karhoo
A ride-hailing aggregator that compares prices across Uber, Lyft, and local taxis has no defensible moat.
Founded → Closed
2014 → 2016
Funding Raised
$250M
Industry
Ride-hailing
Country
UK
IdeaProof AI Failure Score
75/100
Market Fit Risk
25
Burn Rate Risk
90
Founder Risk
45
Full Analysis
Karhoo was a London-based ride-hailing comparison platform that let users compare prices across multiple taxi and ride-hailing services. Despite raising $250M, the company had no defensible advantage — Uber and Lyft had no incentive to participate. Karhoo collapsed in 2016 after just two years.
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