About Hotswap
Hotswap is a Technology company based in Brooklyn (United States) founded in 2019 by Len Boyette. Cloud-based data migration and format conversion solutions are provided. Hotswap has raised $125 thousand across 1 funding round from investors including Y Combinator. Its focus areas include Enterprise Applications, Business Intelligence, Data Preparation and Cleansing and Migration. Its competitors include Tervela, Cirata and CompilerWorks; 3 of its 3 listed competitors have raised funding.
Company details
Hotswap was founded in 2019 and is based in Brooklyn, United States. Cloud-based solutions for data migration and format conversion are offered within the business intelligence sector. A platform is provided to assist customers in onboarding from competitors, with operations centered on subscription-based pricing. Key services include data discovery, exploration, selection, and migration processes.
- Headquarters Brooklyn, United States
- Founders Len Boyette
- SectorsTechnology
- Email••••••••
- Website hotswap.app
- Social LinkedIn
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Sep 2021
- Investors
Funding Insights of Hotswap
Hotswap has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Sep 2021)
- Investors Count 1
All 1 funding rounds of Hotswap with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $125,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Hotswap
Hotswap has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Hotswap
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Hotswap
3 people are tracked at Hotswap (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Len Boyette | Co-Founder | Leadership |
Jay Goel | Co-Founder & CEO | Leadership |
David Hoy | Software Engineer | Team |
Complete people profiles for Hotswap
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Hotswap
2 dated milestones of Hotswap across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Hotswap is founded.
- Funding First funding round of $125K.
Competitors of Hotswap
Hotswap has 3 listed competitors in our database, 3 of them funded. They include Tervela, Cirata and CompilerWorks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tervela.com | 2004 | Boston, United States | $60.2M | 21 | Solutions for data migration, filtering, and visualization are offered. | |
| cirata.com | 2005 | San Ramon, United States | $7M | Data migration and integration are enabled for cloud-based transitions. | ||
| compilerworks.com | 2015 | Menlo Park, United States | $4.1M | 8 | Automated data discovery and analytics solutions are provided. |
Detailed competitors of Hotswap
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Business Analytics & Intelligence Tools
3 companies that operate in the same segment as Hotswap (Business Analytics & Intelligence Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 25.18 B | USD 15.9 M | 5,679 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | 1,111 |
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Frequently Asked Questions about Hotswap
Hotswap was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Hotswap is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Hotswap is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Sep 2021.
Hotswap was founded in 2019 and is based in Brooklyn, United States. Cloud-based solutions for data migration and format conversion are offered within the business intelligence sector. A platform is provided to assist customers in onboarding from competitors, with operations centered on subscription-based pricing. Key services include data discovery, exploration, selection, and migration processes.
Hotswap's top competitors include Cirata, Tervela and CompilerWorks.
Hotswap has 1 investor. Key investors include Y Combinator.