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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 |
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