When was WASEL founded?

WASEL was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is WASEL located?

WASEL is headquartered in Giza, Egypt.

Who is the current CEO of WASEL?

Ahmed El Rawy of WASEL. They have also founded 1 company.

How many employees does WASEL have?

As of Apr 30, 2026, the latest employee count at WASEL is 9.

Is WASEL a funded company?

WASEL is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2018.

When was the latest funding round of WASEL?

WASEL's latest funding was a $***** Seed round on 2018, with participation from 1 investor.

Where does WASEL rank among its competitors?

WASEL ranks 8th amongst 7 active competitors, only 1 of which is funded. Careem, which secured $200M in Oct, 2018.

Who are the top competitors of WASEL?

WASEL's top competitors include Careem, London Cab Egypt and Pink Taxi. Among them, Careem secured the most recent funding round in October, 2018.

WASEL - 2026 Company Profile, Team, Funding & Competitors

WASEL is a seed company based in Giza (Egypt), founded in 2018 by Ahmed El Rawy. It operates as an Online platform offering ride-hailing services. WASEL has raised $28K in funding from Flat6Labs. The company has 7 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Careem, London Cab Egypt and Pink Taxi.

Company Details

Online platform offering ride-hailing services. The platform enables users to find, book rides by providing location, passenger details, etc. It offers features like live vehicle tracking, variant payment options, etc. The mobile application is available Android and iOS platforms.

Website: waselegypt.com
Social
Email ID: *****@waselegypt.com
Phone Number: +20 **********

Key Metrics

Founded Year

2018

Location

Giza, Egypt

Stage

Seed

Total Funding

$28K in 1 round

Latest Funding Round

Seed, 2018, $*****

Investors

Flat6Labs

Ranked

8^th among 22 competitors

Employee Count

9 as on Apr 30, 2026

Similar Companies

Savaari & 905 more

View WASEL's full profile

WASEL has raised a total funding of $28K over 1 round. Its latest funding round was a Seed round on 2018 for $*****. 1 investor participated in its latest round. WASEL has 1 institutional investor.

Here is the list of recent funding rounds of WASEL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2018	3099	Seed	6387	3618	6739	1057

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View details of WASEL's funding rounds and investors

The founders of WASEL is Ahmed El Rawy. Ahmed El Rawy is the CEO of WASEL.

Here are the details of WASEL's key team members:

Ahmed El Rawy: Founder & CEO of WASEL.

View details of WASEL's Founder profiles and Board Members

WASEL's employee count trend

WASEL has 9 employees as of Apr 26. Here is WASEL's employee count trend over the years:

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Top competitors of WASEL include Careem, London Cab Egypt and Pink Taxi. Here is the list of Top 10 competitors of WASEL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Careem 2012, Dubai (United Arab Emirates), Acquired	App-based ride-hailing aggregator	$772M	STC Ventures, Kingdom Holding Company & 26 others	80/100
2nd	London Cab Egypt 2014, Cairo (Egypt), Unfunded	App-based taxi booking platform	-	-	41/100
3rd	Pink Taxi 2015, Cairo (Egypt), Unfunded	App-based women-only ride-hailing platform	-	-	39/100
4th	Ovikl 2019, Alexandria (Egypt), Deadpooled	App-based ride-hailing platform	-	-	35/100
5th	MoveIt 2019, Alexandria (Egypt), Deadpooled	App-based ride-hailing platform	-	-	32/100
6th	TaxiMisr 2020, Egypt, Deadpooled	App-based platform offering taxi-hailing services	-	-	30/100
7th	Ragea 2019, Cairo (Egypt), Unfunded	Ragea-Fady	-	-	24/100
8th	WASEL 2018, Giza (Egypt), Seed	Online platform offering ride-hailing services	$28K	Flat6Labs	24/100
9th	Ousta 2016, Cairo (Egypt), Deadpooled	App based taxi service	$1.25M	-	21/100
10th	2Ogra 2012, Cairo (Egypt), Deadpooled	Egyptian taxi hailing service	$12K	Flat6Labs, Vodafone	21/100