SWVL
Latest round
- Series C
Last raised
- Jun 2019
Total raised
- $80M
Investors
- 14
About SWVL
SWVL Inc. is a technology-driven transportation company focused on optimizing public transit. Founded in 2017 by CEO Mostafa Kandil, Mahmoud Nouh, Abdalla Ali and Ahmed Sabbah in the British Virgin Islands. The company's headquarters is located in Dubai, UAE. In August 2025, SWVL Inc. SWVL offers a comprehensive suite of mobility solutions designed to optimize transit for various use cases, including corporate commuting, school transportation, and municipal services. Their core products include the Rider App for users to book and manage rides, the Captain App for drivers, the Admin Dashboard for operational oversight, and the Partner Portal for fleet management. These services cater to enterprise clients, educational institutions, and local governments across the Middle East, North Africa, and expanding into Europe, focusing on urban areas that require efficient transit solutions. SWVL generates revenue through subscription-based models and strategic partnerships with businesses, schools, and government entities. Their agreements are customized to meet specific transit needs, allowing clients to access their technology and fleet services through various pricing structures. Revenue fluctuations are influenced by the scale of these agreements and the number of bookings made via the Rider App, ensuring that operational efficiency and user satisfaction are maintained across their services.
Who invested in SWVL
14 investors across 3 rounds
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Questions about SWVL
Who invested in SWVL?
SWVL has 14 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SWVL raised?
SWVL has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did SWVL last raise money?
SWVL's most recent round on record is a Series C, in Jun 2019.
What does SWVL do?
SWVL is a transportation services company.
Where is SWVL headquartered?
SWVL is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like SWVL?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back transportation services companies at SWVL's stage. Their profiles are linked below.
VCs backing transportation services startups at Series C
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