Swvl
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About Swvl
It started with an observation turning into a realization, too many cars on the streets, wasting our limited resources: time, space and money. We had to question why we depend so much on our cars? and what are the consequent pains of moving around the city? Rush hours, traffic, terrible driving habits and unavailability of parking spots came rushing through our minds in addition to the pain of high cost of on demand services. While an affordable decent public commuting solution is not accessible, we thought how can we improve people’s lives? An...
Swvl: quick facts
- Where is Swvl based and when was it founded?
- Swvl is headquartered in Cairo, Egypt and was founded in 2017.
- Who founded Swvl?
- Swvl was founded by Ahmed Sabbah (Co-Founder & CTO).
- Who is the CEO of Swvl?
- Mostafa Kandil is Swvl's CEO.
- How much funding has Swvl raised?
- Swvl has raised $255M across 8 disclosed rounds. Its latest, a $20M Post-IPO Equity, was announced on Aug 15, 2022. Swvl funding rounds
- Who has invested in Swvl?
- Backers include Zain Group, Luxor Group, Agility, European Bank for Reconstruction and Development and 16 others.
- What sector is Swvl in?
- Swvl operates in Transportation and Travel.
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Profile updated Source: SLA Startup Index
