# Swarm Technologies

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

- Industry: Aerospace
- Headquarters: Palo Alto, US
- Website: www.swarm.space
- Total disclosed funding: $25M
- Latest round: Series A (Jan 24, 2019)
- Investors on record: 4

## About

Swarm Technologies, Inc. is a telecommunications company based in the US that specializes in providing innovative mobile connectivity solutions through satellite technology, addressing communication gaps in remote areas.Founded in 2016 and headquartered in Palo Alto, US, Swarm Technologies, Inc. focuses on delivering mobile connectivity solutions leveraging satellite technology. The company was founded by Benjamin Longmier and Sara Spangelo, who have experience in technology-driven startups. In August 2021, Swarm Technologies was acquired by Space Exploration Technologies Corp., marking a significant transition in its business strategy. The latest funding round, a Series A, raised USD 25.00 mn from investors including 4DX Ventures and Craft Ventures, bringing the total amount raised to USD 25.00 mn.Swarm Technologies offers the Starlink Direct to Cell service, which provides mobile connectivity by integrating with existing LTE smartphones. Users can access text, voice, and data services without hardware modifications. This service aims to address communication breakdowns in remote areas and is targeted at individual users and businesses in multiple global markets, including the United States, Australia, Canada, New Zealand, Japan, Switzerland, Chile, Peru, and Ukraine, with plans for expanded availability starting in 2025.The revenue model for Starlink Direct to Cell is primarily subscription-based, allowing clients to purchase service plans through global partners. This service enables cellular providers to offer reciprocal global access, enhancing their service offerings. Pricing plans vary by geographical location, with various tiers based on connectivity and support for different modem types such as CAT-1, CAT-1 Bis, and CAT-4, catering to consumers ranging from individuals to large enterprises.Swarm Technologies plans to launch new products that enhance its mobile connectivity offerings, with potential rollout details anticipated in 2025. The company aims to expand into additional markets, specifically targeting regions such as Europe and Asia, leveraging the recent investment from its Series A funding to support these initiatives. In August 2021, the acquisition by Space Exploration Technologies Corp. positioned Swarm Technologies for further growth and strategic partnerships to enhance its satellite connectivity solutions.

## Funding rounds

- Series A, Jan 24, 2019, $25M — Social Capital, NJF Capital, Craft Ventures, 4DX Ventures

## Investors

- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A
- NJF Capital (https://capitalatlas.ai/funds/njf-capital) — Series A
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series A
- 4DX Ventures (https://capitalatlas.ai/funds/4dx-ventures) — Series A