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Softec International is a leader in Fleet Management, Vehicle Routing and Command & Control software
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
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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We do not have customer count information for Softec International yet.
Softec International employs approximately 177 people as of 2026, up from 162 in 2023, including 5 sales reps that carry a quota.
Softec International generates an estimated $21.5M in annual revenue.
Softec International was founded by Nour Shawky.
The CEO of Softec International is Nour Shawky.
Softec International is bootstrapped and has not raised outside funding.
Softec International has 177 employees.
Softec International is headquartered in Maadi, Cairo, Egypt.
Softec International operates across multiple industries. Browse revenue, funding, and growth data for Softec International in each sector below.
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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2024 Revenue
$21.5M(Est.)
Funding
$0
Team
177
Founded
2008
| Year | Milestone | Source |
|---|---|---|
| 2024 | Softec International Hit $21.5m revenue in October 2024 | Estimated |
| 2023 | Softec International Hit $13.2m revenue in December 2023 | Estimated |
| 2021 | Softec International Hit $8.1m revenue in April 2021 | |
| 2008 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 177 employees (December 2024) | |
| 2024 | Reached 162 employees (October 2024) | |
| 2023 | Reached 162 employees (December 2023) | |
| 2022 | Reached 140 employees (December 2022) | |
| 2021 | Reached 120 employees (December 2021) | |
| 2021 | Reached 97 employees (April 2021) |
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