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2024 Revenue

$21.5M

Funding

$0

YOY

63.2%

Team

177

Founded

2008

How Softec International CEO Nour Shawky grew to $21.5M revenue with a 177 person team in 2024.

Softec International is a leader in Fleet Management, Vehicle Routing and Command & Control software

Last updated

Softec International Revenue

In 2024, Softec International's revenue reached $21.5M. The company previously reported $13.2M in 2023. Since its launch in 2008, Softec International has shown consistent revenue growth.

Softec International Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M200820102012201420162018202020222024$0$8.1M$21.5MSource: GetLatka.com
YearMilestoneQuote
2024Softec International Hit $21.5m revenue in October 2024
2023Softec International Hit $13.2m revenue in December 2023
2021Softec International Hit $8.1m revenue in April 2021
2008Launched with $0 revenue

Softec International Valuation, Funding Rounds

Softec International is a bootstrapped Transportation Software startup. Founded in 2008, Softec International has grown to $21.5M in revenue without raising any venture capital or outside funding.

As a self-funded Transportation Software SaaS company, Softec International has built its business with no outside investment.

Softec International Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12008Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Nour Shawky

CEO

Nour Shawky is Co-founder and CEO of Softec Technologies Group (www.softec.ai), a tech company and leading Intelligence & Visibility solutions provider for Commercial Fleets, Last-Mile Operations, Logistics, Transportation and Emergency Command & Control. Nour has 15 years experience entrepreneurship, corporate business development, strategy and innovative software product development. He holds a BSc in Computer Science from Passau University in Germany (top grade of graduation class), followed by a MSc in Software Systems Engineering from University College London (with Distinction) and later an MBA from the American University in Cairo. He also concluded a variety of executive programs in universities like Harvard Business School, Insead and Stanford. He is also an Endeavor entrepreneur. As CEO of Softec he has introduced innovative AI and IoT software products that managed to transform key industries across the region like motor insurance, emergency command & control, home delivery logistics, trucking operations, transportation, fleet management and logistics fulfilment. Under his leadership the company is internationally awarded and emerged as one of the most progressive and innovative companies in the region with offices in Dubai, Abu Dhabi, Amsterdam and Cairo and presence in more than 15 countries covering 4,000+ customers and connecting more than 80,000 vehicles on public and private cloud platforms.

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Customers

We do not have customer count information for Softec International yet.

Softec International Employees & Team Size

Softec International employs approximately 177 people as of 2026, up from 162 in 2023, including 5 sales reps that carry a quota.

Softec International Team GrowthReported headcount over time0408012016020020082010201220142016201820202022202400177177Source: GetLatka.com
YearMilestone
2024Reached 177 employees (December 2024)
2024Reached 162 employees (October 2024)
2023Reached 162 employees (December 2023)
2022Reached 140 employees (December 2022)
2021Reached 120 employees (December 2021)
2021Reached 97 employees (April 2021)

Frequently Asked Questions about Softec International

What is Softec International's revenue?

Softec International generates an estimated $21.5M in annual revenue.

Who founded Softec International?

Softec International was founded by Nour Shawky.

Who is the CEO of Softec International?

The CEO of Softec International is Nour Shawky.

How much funding does Softec International have?

Softec International is bootstrapped and has not raised outside funding.

How many employees does Softec International have?

Softec International has 177 employees.

Where is Softec International headquarters?

Softec International is headquartered in Maadi, Cairo, Egypt.

Compare Softec International to the industry

Softec International operates across multiple industries. Browse revenue, funding, and growth data for Softec International in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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