The Swing

Transportation ServicesSeries BSeoul, South Koreaswingmobility.co

Latest round

Series B

Last raised

Feb 2022

Total raised

$33M

Investors

10

About The Swing

Based in Seoul, South Korea, The Swing Corp.The Swing Corp. specializes in shared mobility solutions.The Swing Corp. provides a comprehensive suite of shared mobility services that include electric scooters, bicycles, and motorcycles, all accessible through a single mobile application.1 million subscribed users and has facilitated 62 million rides, enhancing urban mobility and reducing reliance on cars, particularly for users without a driver's license.SWING's revenue model is primarily based on user transactions facilitated through its app, where customers can rent vehicles for short-term use. The company employs a subscription structure, allowing users to access its fleet of vehicles, with tiered pricing plans that offer varying levels of benefits, including discounts for university students and promotions for frequent users.In February 2022, The Swing Corp. The company plans to enhance its offerings by introducing new products and targeting expansion into additional markets across Southeast Asia.

Who invested in The Swing

10 investors across 3 rounds

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Funding rounds

  1. Series B

    Feb 7, 2022

    Amount

    $25M

    Investors

    Locked

  2. Series A

    Apr 19, 2021

    Amount

    $6.7M

    Investors

    Locked

  3. Seed

    Jan 1, 2019

    Amount

    $0.9M

    Investors

    Locked

Questions about The Swing

Who invested in The Swing?

The Swing has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has The Swing raised?

The Swing has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did The Swing last raise money?

The Swing's most recent round on record is a Series B, in Feb 2022.

What does The Swing do?

Based in Seoul, South Korea, The Swing Corp.

Where is The Swing headquartered?

The Swing is headquartered in Seoul, South Korea.

Which VCs invest in companies like The Swing?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back transportation services companies at The Swing's stage. Their profiles are linked below.

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