About Volt Lines
Volt Lines is a company based in Istanbul (Turkey) founded in 2017 was acquired by Swvl in April 2022.. Volt Lines has raised $1.61 million across 2 funding rounds from investors including Swvl, Hedef Filo and Dubai Angel Investors. Volt Lines offers products and services including Operator Web App, Driver App, Passenger App, Employer Web App, and Marketplace Service.
- Headquarter Istanbul, Turkey
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Products & Services of Volt Lines
Volt Lines offers a comprehensive portfolio of products and services, including Operator Web App, Driver App, Passenger App, Employer Web App, and Marketplace Service. 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.
Tool for handling employee lists and route planning.
App for following routes and managing trips.
App for monitoring journey details and notifications.
Platform for tracking trips and sustainability metrics.
System for buying and selling empty seats in vehicles.
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Funding Insights of Volt Lines
Volt Lines has successfully raised a total of $1.61M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.28 million completed in November 2018. 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 2
- Last Round Seed — $1.3M
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First Round
First Round
(27 Aug 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Seed - Volt Lines | Valuation | Dubai Angel Investors | |
| Aug, 2018 | Amount | Seed - Volt Lines | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Volt Lines
Volt Lines has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Swvl, Hedef Filo and Dubai Angel Investors. 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 |
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Angel investments in seed-stage tech firms in Dubai are provided.
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Venture capital firm focused on early and growth-stage investments
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Investments are directed by AC Ventures toward early-stage Turkish startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Volt Lines
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Volt Lines
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Volt Lines Comparisons
Competitors of Volt Lines
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Volt Lines
Frequently Asked Questions about Volt Lines
When was Volt Lines founded?
Volt Lines was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Volt Lines located?
Volt Lines is headquartered in Istanbul, Turkey.
Is Volt Lines a funded company?
Volt Lines is a funded company, having raised a total of $1.61M across 2 funding rounds to date. The company's 1st funding round was a Seed of $330.31K, raised on Aug 27, 2018.
What does Volt Lines do?
Volt Lines was established in 2017 in Istanbul, Turkey, within the SaaS sector focused on employee transportation. Route scheduling software is utilized by enterprises to reserve seats for daily commutes. An HR web application is integrated for bus tracking, data insights, and employee management, including additions and removals. Mobile access is supported through iOS and Android apps for operational efficiency.
What products or services does Volt Lines offer?
Volt Lines offers Operator Web App, Driver App, Passenger App, Employer Web App, and Marketplace Service.
Who are Volt Lines's investors?
Volt Lines has 8 investors. Key investors include Swvl, Hedef Filo, Dubai Angel Investors, Middle East Venture Partners, and Wassim Matar.