About Swvl
Swvl is a company based in Cairo (Egypt) founded in 2017.. Swvl has raised $100.5 million across 10 funding rounds from investors including Careem, EBRD and Property Finder. The company has 284 employees as of December 31, 2024. Swvl has completed 6 acquisitions, including Door2Door, Shotl and Urbvan. Swvl offers products and services including Rider App, Captain App, Admin Dashboard, and Partner Portal. Swvl operates in a competitive market with competitors including WE BUS, Caravan and Safiri Express, among others.
- Headquarter Cairo, Egypt
- Employees 284 as on 31 Dec, 2024
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Swvl Holdings Corp
-
Annual Revenue
$17.21 M-24.7as on Dec 31, 2024
-
Net Profit
$-11.46 M-201.09as on Dec 31, 2024
-
EBITDA
$-8.28 M-56.55as on Dec 31, 2024
-
Total Equity Funding
$100.5 M (USD)
in 10 rounds
-
Latest Funding Round
$2 M (USD), Post-IPO
Feb 07, 2025
-
Investors
Careem
& 19 more
-
Employee Count
284
as on Dec 31, 2024
-
Investments & Acquisitions
Door2Door
& 5 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
Products & Services of Swvl
Swvl offers a comprehensive portfolio of products and services, including Rider App, Captain App, Admin Dashboard, and Partner Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
Funding Insights of Swvl
Swvl has successfully raised a total of $100.5M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2 million completed in February 2025. 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 Total Funding
- Total Rounds 10
- Last Round Post-IPO — $2.0M
-
First Round
First Round
(17 Jul 2017)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Post-IPO - Swvl | Valuation |
investors |
|
| Nov, 2024 | Amount | Post-IPO - Swvl | Valuation |
investors |
|
| Aug, 2022 | Amount | Post-IPO - Swvl | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Swvl
Swvl has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Careem, EBRD and Property Finder. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Corporate advisory services are provided across multiple sectors.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Venture capital investments are provided to startups in the Gulf and MENA region.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Swvl
Swvl has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Door2Door, Shotl and Urbvan. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Employee transportation routes are scheduled using Volt Lines' SaaS platform.
|
2017 | ||||
|
Shared van transportation services are aggregated via mobile app.
|
2016 | ||||
|
Shuttle sharing services are provided for school and employee transport.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Swvl
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swvl Comparisons
Competitors of Swvl
Swvl operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WE BUS, Caravan and Safiri Express, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates a digital platform for booking on-demand shuttle services.
|
|
| domain | founded_year | HQ Location |
Caravan is engaged in co-founding companies with iconic artists and athletes.
|
|
| domain | founded_year | HQ Location |
App-based ticketing for public transport seats and routes is facilitated.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Swvl
Frequently Asked Questions about Swvl
When was Swvl founded?
Swvl was founded in 2017.
Where is Swvl located?
Swvl is headquartered in Cairo, Egypt.
Is Swvl a funded company?
Swvl is a funded company, having raised a total of $100.5M across 10 funding rounds to date. The company's 1st funding round was a Post-IPO of $20M, raised on Jul 17, 2017.
How many employees does Swvl have?
As of Dec 31, 2024, the latest employee count at Swvl is 284.
What is the annual revenue of Swvl?
Annual revenue of Swvl is $17.21M as on Dec 31, 2024.
What does Swvl do?
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.
Who are the top competitors of Swvl?
Swvl's top competitors include Caravan, Safiri Express and WE BUS.
What products or services does Swvl offer?
Swvl offers Rider App, Captain App, Admin Dashboard, and Partner Portal.
Is Swvl publicly traded?
Yes, Swvl is publicly traded on NASDAQ under the ticker symbol SWVL.
How many acquisitions has Swvl made?
Who are Swvl's investors?
Swvl has 20 investors. Key investors include Careem, EBRD, Property Finder, VNV Global, and Zain Ventures.
What is Swvl's ticker symbol?
The ticker symbol of Swvl is SWVL on NASDAQ.
What is Swvl's valuation?
The valuation of Swvl is $1.5B as of Aug 2021.