Swyft
Latest round
- Series A
Last raised
- Apr 2021
Total raised
- $18M
Investors
- 5
About Swyft
Swyft, Inc.Founded in 2013 in San Francisco, US, Swyft, Inc. specializes in retail technology. The company was co-founded by Gower Smith, Jordan Smith, Keiran Hewkin, and Lincoln Smith. In August 2021, Swyft, Inc., and Trucks Venture Capital.Swyft Store specializes in providing innovative retail solutions tailored for the modern consumer. Their core product offering includes a range of customizable e-commerce platforms designed to enhance the online shopping experience. These platforms enable businesses to create seamless transactions, optimizing user engagement and accessibility across various devices. The primary end users are businesses in the retail sector looking to streamline their online sales processes, allowing them to reach a broader customer base efficiently. Swyft Store's solutions have been particularly effective in markets such as North America and Europe, where the demand for robust and flexible online retail solutions is growing.The revenue model for Swyft Store is structured around a subscription-based framework that facilitates ongoing relationships with clients. Businesses utilizing Swyft Store's platforms typically engage in monthly or annual subscription plans, which grant them access to a suite of tools designed to enhance their e-commerce capabilities. This structured approach allows for predictable revenue streams, directly linking the success of Swyft Store's clients to the company's financial performance. In addition to subscriptions, the company may also engage in partnerships with retailers and wholesalers, providing them with tailored solutions that meet specific market demands.In August 2021, Swyft, Inc.50 mn to facilitate the future scale deployment of its software and robotics technology. The company aims to expand its product offerings and develop new technologies to enhance its platforms. Furthermore, Swyft is targeting growth in new markets, particularly focusing on regions experiencing increasing demand for e-commerce solutions. Specific timeline details for these expansions have yet to be announced.
Who invested in Swyft
5 investors across 1 round
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Funding rounds
Series A
Apr 7, 2021
Amount
$18M
Investors
Questions about Swyft
Who invested in Swyft?
Swyft has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Swyft raised?
Swyft has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Swyft last raise money?
Swyft's most recent round on record is a Series A, in Apr 2021.
What does Swyft do?
Swyft is a software company.
Where is Swyft headquartered?
Swyft is headquartered in San Francisco, US.
Which VCs invest in companies like Swyft?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Swyft's stage. Their profiles are linked below.
VCs backing software startups at Series A
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