Fundraising Fox
SWVL
NASDAQ: SWVLDubai, EG · Founded 2021 · 16 known investors
Find your way into SWVL
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Ask Arjun Mohan to introduce you to Mostafa Kandil
You →Arjun · together at Dubai Chambers →Mostafa
Ask Jamie Chen to introduce you to Abdullah Mansour
You →Jamie · together at SWVL →Abdullah
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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.
Board
Investors · 16
How we know: Arzan VC's portfolio page · funding news · menabytes.com · Not right? Tell us
How we know: DASH Ventures's portfolio page · Not right? Tell us
How we know: RAED Ventures's portfolio page · funding news · menabytes.com · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: funding news · menabytes.com · the VCSheet dataset · Not right? Tell us
How we know: board seat on SEC Form D · funding news · menabytes.com · the VCSheet dataset · Not right? Tell us
How we know: board seat on SEC Form D · Not right? Tell us
How we know: funding news · endeavor.org · Not right? Tell us
Also in the syndicate · 2
Funding
SEC filings, press & company announcements$6.7M disclosed across 2 of 5 rounds · 2018–2025
- Undisclosed amountSeries AApr 2018
BECO Capital (lead), DiGAME (lead), Silicon Badia (lead), Arzan VC, Oman Technology Fund, Raed Ventures
Source ↗
▶$2MraisedFeb 2025 · 3 investors · Business ServicesRule 506(b)
- 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
▶$4.7MraisedNov 2024 · 6 investors · Business ServicesRule 506(b)
- 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
▶$471.7MofferedApr 2022 · Business ServicesRule 506(b)
- 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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
4 people who came through SWVL went on to found or lead other companies.
Related companies · 5
Companies working in the same space as SWVL.
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 Arzan VC, Autotech Ventures, Capria Ventures, Cedar Mundi Ventures, COTU Ventures, DASH Ventures, RAED Ventures, Sawari Ventures and 6 more.
- How much funding has SWVL raised?
- SWVL has disclosed $6.7M raised across 2 of its 5 known rounds.
- Where is SWVL headquartered?
- SWVL is headquartered in Dubai, EG.