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 is a revolutionary idea that was born from passion, loyalty and persistence to face all challenges on the table, Swvl is not just a mean to facilitate commuting, but a hunger to strive for solutions, encourage the contribution of youth in innovation and inspire change.

 

Swvl raised funding fom venture-capital firms including Sweden’s Vostok, Dubai-based BECO Capital, China’s MSA, Endeavor Catalyst, Vostok New Ventures and others. The company raised another $20M to its Series C round on May 07, 2020, closing the round with $62M. This additional funding brings Swvl's total funding to $100.5M to date.

 

 

  • Year founded: 2017
  • Funding Info: $100.5M over 5 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: $10M-$20M (2019)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Cairo
  • State: Cairo
  • Country: Egypt
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