# Swivel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/swivel

- Industry: Software
- Headquarters: Austin, US
- Website: www.swivel.work
- Total disclosed funding: $13M
- Latest round: Series A (Feb 18, 2020)
- Investors on record: 11

## About

Swivel, Inc. is a productivity-focused company that provides innovative solutions to enhance collaboration and efficiency within workplaces, offering a comprehensive platform for project management and team communication.Founded in 2016 and headquartered in Austin, US, Swivel, Inc. specializes in workplace productivity solutions. The company raised USD 8 mn in Series A funding in February 2020, led by Breyer Capital and Jones Lang LaSalle Inc. with a total amount raised of USD 8 mn. The founders include Brittany Bond, David Proft, Emily Johnstone, and Wade Cohn, with Jason O'Brien serving as the CEO.Swivel.work offers a suite of innovative solutions designed to enhance workplace productivity and collaboration. Their core product is a comprehensive platform that integrates project management, team communication, and performance tracking, aimed at streamlining workflows and improving efficiency for businesses across various sectors. The platform is tailored to meet the needs of diverse industries, including technology, marketing, and finance, serving a wide range of clients from small startups to large enterprises. Swivel.work's deployment in key geographical markets spans North America, Europe, and parts of Asia, facilitating its mission to support teams in achieving their objectives through effective and user-friendly tools. The company emphasizes user experience by providing customizable features that cater to specific business requirements, which ultimately help end users overcome common challenges associated with remote and hybrid work environments.Swivel.work employs a subscription-based revenue model, which facilitates predictable income streams through regular client renewals. Clients can opt for various pricing plans that cater to different organizational sizes and needs, encompassing options for small businesses as well as enterprise-level solutions. Transactions typically occur directly between Swivel.work and its customers, ensuring a streamlined process for accessing their offerings, which include both standard and premium features. The flagship product, known for its robust capabilities in project management and team collaboration, is central to the company’s sales strategy. Revenue generation is bolstered by annual subscriptions and multi-year contracts, which provide clients with ongoing access to the platform's evolving features and support services.Following its successful Series A funding round in February 2020, Swivel, Inc. is planning to leverage the USD 8 mn raised to enhance its product offerings and expand into new geographical markets. The company aims to introduce new features and solutions tailored for specific industries by the end of 2021. Additionally, Swivel, Inc. is targeting expansion into key markets in Europe and Asia, focusing on establishing a stronger presence in those regions to drive user adoption and increase market share.

## Funding rounds

- Series A, Feb 18, 2020, $8M — Breyer Capital, Jones Lang LaSalle Inc.
- Seed, Jul 18, 2018, $4.8M — First Round Capital, Correlation Ventures, Floodgate, Capital Factory, Great Oaks Venture Capital, Fuel Capital, Next Coast Ventures, Abstract Ventures, Hack VC

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Seed
- Capital Factory (https://capitalatlas.ai/funds/capital-factory) — Seed
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed
- Fuel Capital — Seed
- Next Coast Ventures (https://capitalatlas.ai/funds/next-coast-ventures) — Seed
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Series A
- Jones Lang LaSalle Inc. — Series A