About Swap Labs
Swap Labs is a company based in Dover (United States) founded in 2022 by Alexander Miller.. Swap Labs has raised $7.6 million across 2 funding rounds. Swap Labs operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Dover, United States
- Founders Alexander Miller
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.6 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Jul 26, 2024
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Investors
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Employee Count
Employee Count
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Funding Insights of Swap Labs
Swap Labs has successfully raised a total of $7.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in July 2024. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $6.0M
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First Round
First Round
(07 Dec 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Swap Labs | Valuation |
investors |
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| Dec, 2023 | Amount | Seed - Swap Labs | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Swap Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Swap Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swap Labs Comparisons
Competitors of Swap Labs
Swap Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Swap Labs
When was Swap Labs founded?
Swap Labs was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Swap Labs located?
Swap Labs is headquartered in Dover, United States. It is registered at Dover, Delaware, United States.
Is Swap Labs a funded company?
Swap Labs is a funded company, having raised a total of $7.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Dec 07, 2023.
What does Swap Labs do?
Swap Labs, Inc. was founded in 2022 in Dover, United States, as an IT services and consulting company. Operations are conducted in stealth mode with a team of 2-10 employees. Equity funding of 1.6 million has been raised to support activities. Core services focus on IT solutions, and the company is led by co-founder Alexander Miller. The domain swaplabs.xyz is utilized for online presence.
Who are the top competitors of Swap Labs?
Swap Labs's top competitors include Happiest Minds, Mavenir and GirnarSOFT.