Swvl

company

About

Swvl offers an app that allows customers to book fixed rate rides on buses and vans in their network.

  • 501 - 1000

Details

Last Funding Type
Series D
Last Funding Money Raised
$68M
Industries
Internet,Mobile Apps,Transportation,Travel
Founded date
Apr 1, 2017
Number Of Employee
501 - 1000
Operating Status
Active

Swvl offers an app that allows customers to book fixed-rate rides on buses and vans in their network. It 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.

Launched in 2017, Swvl has its headquarters in Dubai, United Arab Emirates.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$68.50M
Swvl has raised a total of $68.50M in funding over 2 rounds. Their latest funding was raised on Jun 20, 2019 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 20, 2019 Series D $68M 1 Detail
Jul 17, 2017 Seed $500K 1 Careem Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Swvl is funded by 2 investors. Careem and Autotech Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Careem Yes Seed
Autotech Ventures Series D