# Sway

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sway-2

- Industry: Consumer Services
- Headquarters: Venice, US
- Website: www.shipsway.com
- Total disclosed funding: $9M
- Latest round: Series A (Oct 11, 2023)
- Investors on record: 6

## About

Founded in 2020 by Eric Wimer and Kristian Zak and based in California, US, Sway formerly known as Returnmates Inc. operates as a logistics company that enables customers to return online purchases. In September 2021,Sway raised USD 5 million in venture funding led by new investor LightShed Ventures, with participation from other new investors Good Friends and v1.vc.

The company provides home pick-up services for item returns and provides shipping services that allows returning an online purchase without leaving home. The company provides two options for pickup: the customers can either leave the item outside their front door or choose a handoff pickup, where they can place their item into the hands of a Sway pickup courier.

The company will use the financing to fuel its expansion.

## Funding rounds

- Series A, Oct 11, 2023, $7.5M — Revolution Ventures, Blackhorn Ventures, 7GC, LightShed Ventures
- Seed, Feb 1, 2021, $1.5M — Yes VC, Everywhere Ventures

## Investors

- Yes VC (https://capitalatlas.ai/funds/yes-vc) — Seed
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Series A
- Blackhorn Ventures (https://capitalatlas.ai/funds/blackhorn-ventures) — Series A
- 7GC (https://capitalatlas.ai/funds/7gc) — Series A
- LightShed Ventures (https://capitalatlas.ai/funds/lightshed-ventures) — Series A