About Swvl
Swvl is a publicly listed company based in Cairo (Egypt) founded in 2017 by Ahmed Sabbah and Mahmoud Nouh. An app-based platform is operated for shared shuttle bookings. Swvl has raised $100.5 million across 11 funding rounds from investors including Careem, Zain Group and EBRD. The company has 611 employees. Swvl has completed 6 acquisitions, including Door2Door, Shotl and Urbvan. Swvl was last valued at $1.5 billion in August 2021. Its website swvl.com draws about 25 thousand monthly visits. Swvl offers products and services including Rider App, Captain App, Admin Dashboard, and Partner Portal. Its focus areas include Consumer, Road Transport Tech, Mass Transit and Shuttle.
Company details
Swvl was founded in 2017 in Cairo, Egypt, within the mobility sector. An app-based platform is provided for users to book shared buses and vans along common routes. Services include real-time tracking and multiple payment options, with extensions available for business clients. The application is accessible on iOS and Android devices, supporting operations primarily in urban areas.
- Annual Revenue$24.17 M (USD)40.45as on Dec 31, 2025
- Net Profit$1.31 M (USD)as on Dec 31, 2025
- EBITDA-$3.03 M (USD)63.44as on Dec 31, 2025
- Total Equity Funding$100.5M (USD)
in 11 rounds
- Latest Funding Round$13M (USD), Post-IPO
Aug 2026
- InvestorsCareem
& 26 more
- Employee Count611
- Investments & AcquisitionsDoor2Door
& 5 more
Products & Services of Swvl
Swvl offers a comprehensive portfolio of products and services, including Rider App, Captain App, Admin Dashboard, and Partner Portal.
App for users to plan, book, and pay for transit rides.
App to help drivers manage trips and track operations.
Dashboard for real-time insights into fleet performance and reports.
Portal for partners to optimize scheduling and gain insights.
Funding Insights of Swvl
Swvl has successfully raised a total of $100.5M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $13 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $100.5M
- Total Rounds 11
- Last Round Post-IPO — $13M
- First Round $500,000
(Jul 2017)
- Investors Count 27
Latest 10 of 11 funding rounds of Swvl with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $13M | Post-IPO | – | Coefficient | – |
| Feb 2025 | $2M | Post-IPO | – | – | – |
| Nov 2024 | $4.7M | Post-IPO | – | – | – |
| Aug 2022 | $20M | Post-IPO | – | – | – |
| Feb 2022 | $21.5M | Post-IPO | – | – | |
| Aug 2021 | Post-IPO | $1.5B | – | ||
| May 2020 | $20M | Series C | – | – | – |
| Jun 2019 | $42M | Series C | $157M | BECO Capital, VNV Global | |
| Nov 2018 | $30M | Series B | – | BECO Capital, DiGAME | |
| Mar 2018 | $8M | Series A | – | BECO Capital, DiGAME |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2021 | $1.5B | •••••••• |
| Jun 2019 | $157M | •••••••• |
Last known valuation $1.5B (Aug 2021). 27 investors in total: 24 institutional and 3 angel.
Investors in Swvl
Swvl has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Careem, Zain Group and EBRD.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate advisory services are provided across multiple sectors. | 1991 | ebrd.com | London, United Kingdom | |
| zain-ventures.com | ||||
Venture capital investments are provided to startups in the Gulf and MENA region. | becocapital.com | Dubai, United Arab Emirates | ||
Investments in tech startups are managed by VNV Global. | 1996 | vnv.global | Stockholm, Sweden | |
Endeavor is focused on supporting high-impact entrepreneurs globally. | endeavor.org | New York, United States | ||
A venture capital firm based in Cairo, Egypt, is operated. | sawariventures.com | Giza, Egypt | ||
Corporate-backed venture capital firm focused on gaming, food tech, and multiple sectors | arzanvc.com | Dubai, United Arab Emirates | ||
Accelerator, incubator and growth fund for Oman startups | otf.om | Muscat, Oman | ||
VC firm investing globally | autotechvc.com | Menlo Park, United States | ||
| digameinvestment.com |
Investor details for Swvl
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People of Swvl
53 people are tracked at Swvl (14 in leadership, 39 in team); the tracked headcount is 611.
| Name | Role | Group |
|---|---|---|
Mostafa Kandil | Leadership | |
Ahmed Sabbah | Founder | Leadership |
Mahmoud Nouh | Founder | Leadership |
Alex Mwombe | Acting Chief Information Officer | Leadership |
Ibrahim Adel | Head Of Operations SWVL Saudi | Leadership |
Youssef Salem | CFO | Leadership |
Nimish Shah | Head of Intra-City Consumer | Leadership |
Ahmad El Sagheer | Head of R & D | Leadership |
Bilal Shahwani | VP Engineering | Leadership |
Hossam Ali | Head Of Commercial | Leadership |
Shashi Singh | Head of Operations | Leadership |
Abdelrahman Sukar | VP | Leadership |
Ahmed Misbah | Director Of Finance | Leadership |
Shahzeb Memon | Head of TaaS and SaaS | Leadership |
Danish Aziz | Vendor Support Officer | Team |
Mahmoud Yassin | Corporate Operations | Team |
Wasif Irfan | Supply Acquisition + Ops Executive | Team |
Muhammad Umair Siddiqui | Field Operations Supervisor | Team |
Mohamed Magdy Ahmed | People And Culture Manager | Team |
Ahmed Sobhy | Operations Manager | Team |
33 more people are available in the full profile.
Complete people profiles for Swvl
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IPO & Listings of Swvl
Swvl is a publicly listed company on the NASDAQ with ticker symbol SWVL in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date31 Mar 2021
- Listed onNASDAQ: SWVL
- Listed entitySwvl Holdings Corp
- Exchange sectorTransportation
- ISINVGG863021256
- Share price$3.84 (-0.26% on the day) · 2026-10-13
- Market capitalisation$76.7M
- Price to earnings140.7
- EPS (diluted, trailing year)$0.03
- Volume (last session)13,203
Financials of Swvl
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $24.2M | $1.3M | -$3.0M |
| 2024 | $17.2M | -$11.5M | -$8.3M |
| 2023 | $22.9M | $11.3M | -$5.3M |
| 2022 | $44.1M | -$116.5M | -$76.5M |
| 2021 | $25.6M | -$141.4M | -$87.4M |
Detailed financial statements for Swvl
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Investments & Acquisitions by Swvl
Swvl has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Door2Door, Shotl and Urbvan.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Shared van transportation services are aggregated via mobile app. | urbvan.com | Mexico | 2016 | Jul 2022 | $82M | |
Shuttle sharing services are provided for school and employee transport. | zeelo.co | London, United Kingdom | 2016 | Apr 2022 | $100M | |
Employee transportation routes are scheduled using Volt Lines' SaaS platform. | voltlines.com | Istanbul, Turkey | 2017 | Apr 2022 | $40M | |
Data-driven MaaS solutions are provided for public transport optimization. | door2door.io | Berlin, Germany | 2010 | Mar 2022 | •••• | |
Employee transport management software is provided for companies. | viapool.com | Vicente Lopez, Argentina | 2007 | Nov 2021 | •••• | |
Shared urban transport is booked through an app for commuters. | shotl.com | Barcelona, Spain | 2012 | Aug 2021 | •••• |
Complete acquisition details for Swvl
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Timeline of Swvl
12 dated milestones of Swvl across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Swvl is founded.
- Funding First funding round of $500K.
- Milestone Reaches Minicorn status.
- IPO Lists on the stock exchange (IPO).
- Milestone Reaches Unicorn status.
- Acquisition Acquires Shotl.
- Acquisition Acquires Viapool.
- Acquisition Acquires Door2Door.
- Acquisition Acquires Volt Lines.
- Acquisition Acquires Zeelo.
- Acquisition Acquires Urbvan.
- Funding Latest funding round, Post-IPO, of $13.0M.
Web traffic of Swvl
The website of Swvl (swvl.com) receives about 25.4K visits a month.
- Monthly visits25.4K
▲ 38.4% vs previous month
Websites whose visitors overlap most with Swvl. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| w.media | 100% | 680.7K | #533,090 | View details | |
| google.com | 78% | 85.8B | #1 | View details | |
| facebook.com | 73% | 12.1B | #3 | View details | |
| instagram.com | 66% | 7.1B | #4 | View details | |
| techafricanews.com | 60% | 131.1K | #289,515 | View details |
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Related news about Swvl
Complete news archive for Swvl
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Frequently Asked Questions about Swvl
Swvl was founded in 2017.
Swvl is headquartered in Cairo, Egypt. It is registered at Cairo, Cairo Governorate, Egypt.
Swvl is a funded company, having raised a total of $100.5M across 11 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Jul 2017.
Swvl has 611 employees.
Annual revenue of Swvl is $24.17M as on Dec 31, 2025.
Swvl was founded in 2017 in Cairo, Egypt, within the mobility sector. An app-based platform is provided for users to book shared buses and vans along common routes. Services include real-time tracking and multiple payment options, with extensions available for business clients. The application is accessible on iOS and Android devices, supporting operations primarily in urban areas.
Swvl offers Rider App, Captain App, Admin Dashboard, and Partner Portal.
Yes, Swvl is publicly traded on NASDAQ under the ticker symbol SWVL.
Swvl has 27 investors. Key investors include Careem, Zain Group, EBRD, Property Finder, and VNV Global.
The valuation of Swvl is $1.5B as of Aug 2021.