# SWARM Mobile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/swarm-mobile

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.swarm-mobile.com
- Total disclosed funding: $3.5M
- Latest round: Series A (Dec 2, 2013)
- Investors on record: 1

## About

SWARM Mobile is a technology company that specializes in developing innovative mobile solutions designed to enhance communication and user engagement across various platforms.Founded in 2012 in San Francisco, US, SWARM Mobile focuses on creating mobile applications that streamline user interactions. The company was notably acquired by Groupon in November 2014, with financial details of the acquisition not disclosed. Reid Mayo, the founder, has a history of entrepreneurship, though details of any prior companies are not available.SWARM Mobile offers a range of mobile solutions aimed at improving user engagement through advanced communication tools and applications. Their services cater to diverse audiences, ensuring compliance with legal standards and focusing on enhancing user experiences through secure and innovative technology.SWARM Mobile generates revenue through its mobile application services, which operate on a transactional model. Users engage with applications that facilitate seamless communication and interaction, with revenue derived from service fees and user participation in various applications. Customers may need to deposit funds to access certain features, with earnings stemming from successful transactions and service utilization.SWARM Mobile plans to launch new products aimed at enhancing mobile communication solutions, targeting a release by the end of 2024. The company is also looking to expand its services into European and Asian markets by 2025, leveraging the recent funding from the Series A round, which raised USD 3.45 mn led by Rally Ventures, to support these initiatives.

## Funding rounds

- Series A, Dec 2, 2013, $3.5M — Rally Ventures

## Investors

- Rally Ventures (https://capitalatlas.ai/funds/rally-ventures) — Series A