Fundraising Fox

SWVL

Dubai · Founded 2021 · 7 known investors

Swvl provides a mobility platform for managing transit and fleet operations. The platform serves businesses and individuals with booking apps, dashboards, and analytics to optimize employee commutes, school transportation, factory shuttles, and city transit.

Founders & leadership

SWVL was founded in 2021 by Ahmed Sabbah and Mostafa Kandil.

AS
Ahmed SabbahInterim Chief Financial Officer
MKMostafa Kandil
Mostafa KandilinCo-founder · CEOAdvisor at Colle Capital Partners
AM
Abdullah MansourInterim Chief Financial Officer
GO
Gbenga OyebodeNamed on SEC filing
BV
Bjorn von SiversNamed on SEC filing
SA
Steve AlbrechtNamed on SEC filing

Board

VGVictoria Grace
Victoria GraceinBoard directorFounding Partner at Colle Capital Partners
YSYoussef Salem
Youssef SaleminBoard MemberAdvisor at Colle Capital Partners
DFDany Farha
Dany FarhainBoard Member at SwvlFounder & Managing Partner at BECO Capital
LS
Lone SchroderBoard director
ED
Esther DysonBoard director
IA
Ismail AymanBoard director

Investors · 7

Reported raises · per SEC filings

Form D private placements

$6.7M disclosed across 2 of 3 rounds · 2022–2025

$2MraisedFeb 2025 · 3 investors · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Youssef SalemDirector
  • Victoria GraceDirector
  • Ahmed SabbahDirector
  • Ahmed MisbahExecutive Officer
  • Esther DysonDirector
  • Mostafa KandilExecutive Officer, Director
  • Ismail AymanDirector
  • Dany FarhaDirector
Offering amount
$2M
Amount sold
$2M
First sale
Feb 2025
Incorporated
Corporation, Virgin Islands, British, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.7MraisedNov 2024 · 6 investors · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Ahmed SabbahExecutive Officer
  • Victoria GraceDirector
  • Esther DysonDirector
  • Youssef SalemDirector
  • Dany FarhaDirector
  • Abdullah MansourExecutive Officer
  • Mostafa KandilExecutive Officer, Director
  • Ismail AymanDirector
Offering amount
$6.7M
Amount sold
$4.7M
First sale
Nov 2024
Incorporated
Corporation, Virgin Islands, British, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$471.7MofferedApr 2022 · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Gbenga OyebodeDirector
  • Youssef SalemExecutive Officer
  • Victoria GraceDirector
  • Esther DysonDirector
  • Dany FarhaDirector
  • Mostafa KandilExecutive Officer, Director
  • Lone SchroderDirector
  • Bjorn von SiversDirector
  • Ahmed SabbahDirector
  • Steve AlbrechtDirector
Offering amount
$471.7M
First sale
Apr 2022
Incorporated
Corporation, Virgin Islands, British, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through SWVL went on to found or lead other companies.

In the news

Frequently asked questions

What does SWVL do?
Swvl provides a mobility platform for managing transit and fleet operations. The platform serves businesses and individuals with booking apps, dashboards, and analytics to optimize employee commutes, school transportation, factory shuttles, and city transit.
Who founded SWVL?
SWVL was founded by Ahmed Sabbah, Mostafa Kandil in 2021.
Who are SWVL's investors?
SWVL's investors include RAED Ventures, Silicon Badia, Arzan VC, BECO Booster, BECO Capital, Colle Capital Partners, Endeavor Catalyst.
How much funding has SWVL raised?
SWVL has disclosed $6.7M raised across 2 of its 3 known rounds.
Where is SWVL headquartered?
SWVL is headquartered in Dubai.