Swvl is a premium mass transit system that provides buses to every neighborhood in Cairo.

Swvl allows people to share a ride in a van or bus during morning and evening commutes for a fixed flat fare with no surge pricing. Through an app, one can book a ride at an affordable rate.

Swvl was founded in 2017 by Ahmed Sabbah, Mahmoud Nouh, & Mostafa Kandil. The company is based in Cairo, Al Qahirah, Egypt with operations in Alexandria and Nairobi in Kenya.

 

Swvl is a revolutionary idea that was born from passion, loyalty, and persistence to face all challenges on the table. The company carries hundreds of thousands of customers each month.

 

Swvl raised funding fom venture-capital firms including Sweden’s Vostok, Dubai-based BECO Capital, China’s MSA, Endeavor Catalyst, based in New York among others. The company raised $42M in it's latest "Series C" round funding on Jun 20, 2019. This brings Swvl's total funding to $80.5M to date.

 

 

 

  • Year founded: 2017
  • Funding Info: $80.5M in 4 Funding Rounds (Last Funding Type: Series C)
  • Yearly Revenue: $10M-$20M (2018)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Cairo
  • State: Cairo
  • Country: Egypt
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