# Swvl

> Tech-enabled mass transit solutions transforming urban mobility

## Facts

- **Sector:** Logistics
- **Founded:** 2017
- **Total funding raised:** $100M+
- **Status:** Active
- **Headquarters:** Dubai
- **Employees:** 201-500
- **Website:** https://www.swvl.com
- **Verified (claimed by company):** No

## About

Swvl is a Nasdaq-listed (SWVL) mobility company that pivoted from mass transit to enterprise Transportation-as-a-Service for Gulf corporations. Went public via SPAC at $1.5B valuation in 2022. Achieved first quarterly profit in Q3 2025 but faces Nasdaq delisting risk.

## Funding rounds

- 2025-02-01 — $2M Undisclosed

## Team

- Mostafa Kandil — Chairman & CEO, Co-founder
- Ahmed Sabbah — Co-founder
- Mahmoud Nouh — Co-founder
- Youssef Salem — CFO


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Source: DXBStart — the working index of the UAE startup ecosystem. Canonical page: https://www.dxbstart.com/company/swvl-dubai
More machine-readable resources: https://www.dxbstart.com/llms.txt
Startups can request a listing at https://www.dxbstart.com/submit — free, editorially reviewed.