Swvl, a global provider of transformative tech-enabled mass transit solutions, acquired door2door, a European high-growth mobility platform that provides software for on-demand mobility, multimodal routing and mobility analytics.
“Swvl and door2door share an ongoing commitment to disrupting traditional public transportation systems with tech-enabled mobility solutions focused on accessibility, convenience and sustainability. door2door’s impressive foothold in Europe, and particularly DACH, complement Swvl’s recent growth efforts, including our acquisitions of controlling interests in Shotl and Viapool, which launched the Swvl platform in Europe and Latin America, respectively. By significantly expanding our European footprint and furthering our MaaS and SaaS capabilities, we continue to deliver on our growth objectives, while effectively scaling the Swvl platform to key additional geographies,” Mostafa Kandil, Swvl Founder and CEO, said.
Founded in 2012 with the mission of making cities smarter, door2door has developed a leading proprietary MaaS software platform that can be easily integrated into any existing transit network.
“We are excited to embark on this next phase of growth alongside the Swvl team. We have been impressed by Swvl’s ability to rapidly scale its business while continuing to provide best-in-class, transformative mobility solutions for customers. Now we are looking forward to leveraging the combined capabilities of our platforms to alleviate many of the burdens and inefficiencies posed by traditional commuting methods,” Tom Kirschbaum, door2door Co-CEO, said.
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