Swvl

Cairo, Egypt Founded: 2017 • Age: 9 yrs
An app-based platform is operated for shared shuttle bookings.
Annual revenue $17.2M Latest available
Total funding $100.5M 10 rounds
Employees 284 Tracked headcount
Investors 20 Known backers
Products 4 Services tracked
Competitors 4 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Swvl Holdings Corp
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $17.21 M (USD)
    -24.7
    as on Dec 31, 2024
  • Net Profit
    -$11.46 M (USD)
    -201.09
    as on Dec 31, 2024
  • EBITDA
    -$8.28 M (USD)
    -56.55
    as 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

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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.

Exchange: NASDAQ · Ticker: SWVL · Sector: Transportation · USA

Products & Services of Swvl

Swvl offers a comprehensive portfolio of products and services, including Rider App, Captain App, Admin Dashboard, and Partner Portal.

Product name locked
Category locked
Primary

App for users to plan, book, and pay for transit rides.

Product name locked
Category locked
Locked

App to help drivers manage trips and track operations.

Product name locked
Category locked
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Dashboard for real-time insights into fleet performance and reports.

Product name locked
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Portal for partners to optimize scheduling and gain insights.

People of Swvl

Headcount 500-1000
Employee Profiles 51
Employee Profiles
People
Alex Mwombe
Acting Chief Information Officer
People
Danish Aziz
Vendor Support Officer
People
Mahmoud Yassin
Corporate Operations
People
Wasif Irfan
Supply Acquisition + Ops Executive

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Corporate advisory services are provided across multiple sectors.
Locked Locked Locked
-
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Venture capital investments are provided to startups in the Gulf and MENA region.
Locked Locked Locked
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Investor details for Swvl

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  • Investor domains
  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for Swvl

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Employee transportation routes are scheduled using Volt Lines' SaaS platform.
Locked Locked 2017 Locked
Shared van transportation services are aggregated via mobile app.
Locked Locked 2016 Locked
Shuttle sharing services are provided for school and employee transport.
Locked Locked 2016 Locked
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Complete acquisition details for Swvl

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Swvl

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Detailed financials for Swvl

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Swvl Comparisons

Swvl Primary company
Description
An app-based platform is operated for shared shuttle booking...
Location
Cairo, Egypt
Founded Year
2017
Annual Revenue
$17.21 M (USD)
Net Profit
-$11.46 M (USD)
EBITDA
-$8.28 M (USD)
Employees
284
As of 2024
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Peer comparison for Swvl

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Operates a digital platform for booking on-demand shuttle services.
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Caravan is engaged in co-founding companies with iconic artists and athletes.
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App-based ticketing for public transport seats and routes is facilitated.
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Detailed competitors of Swvl

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Swvl

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Complete news archive for Swvl

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Swvl

Swvl was founded in 2017.

Swvl is headquartered in Cairo, Egypt.

Swvl is a funded company, having raised a total of $100.5M across 10 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Swvl is 284.

Annual revenue of Swvl is $17.21M as on Dec 31, 2024.

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's top competitors include Caravan, Safiri Express and WE BUS.

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 made 6 acquisitions, including Door2Door, Shotl, and Urbvan.

Swvl has 20 investors. Key investors include Careem, EBRD, Property Finder, VNV Global, and Zain Ventures.

The ticker symbol of Swvl is SWVL on NASDAQ.

The valuation of Swvl is $1.5B as of Aug 2021.

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