About Sweep
Sweep is a Travel & Hospitality company based in London (United Kingdom) founded in 2017. AI-based payment and accounting solutions are offered to small businesses. It operates in the Travel & Hospitality, Technology, and Financial Services sectors. The company has 5 employees. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its legal entity is SWEEP ONLINE LTD. Its competitors include AccessPay, Alpha Group and Previse; 2 of its 3 listed competitors have raised funding.
Company details
Sweep was founded in 2017 and is headquartered in London, United Kingdom. AI-driven tools for payment management are provided to small businesses in the fintech sector. Core services encompass accounting oversight, payment system integrations, accounts payable processing, expense tracking, and invoice handling. These operations aim to support efficient financial workflows for small enterprises across various industries.
- Headquarters London, United Kingdom
- Employees 5
- SectorsTravel & HospitalityTechnology Financial Services
- Website getsweep.io
- Legal Name Sweep Online Ltd
- Date of Incorporation 02 Mar, 2017
- Jurisdiction LONDON, ENGLAND
- Net Profit-$211.02 K (USD)as on Mar 31, 2020
- Latest Funding Round$580.3K (USD), Grant
Sep 2020
- Investors
- Employee Count5
Funding Insights of Sweep
- Total Rounds 1
- Last Round Grant — $580,296
- First Round $580,296
(Sep 2020)
- Investors Count 1
All 1 funding rounds of Sweep 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 2020 | $580,296 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Sweep
Sweep has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UK Research and Innovation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Research and innovation funding is managed for UK advancement. | 2018 | ukri.org | Swindon, United Kingdom |
Investor details for Sweep
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Sweep
2 dated milestones of Sweep across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Sweep is founded.
- Funding First funding round of $580K.
Competitors of Sweep
Sweep has 3 listed competitors in our database, 2 of them funded. They include AccessPay, Alpha Group and Previse.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| accesspay.com | 2012 | Manchester, United Kingdom | $44.42M | 74 | Cloud based payment automation and cash management solutions for businesses | |
| alphagroup.com | 2009 | London, United Kingdom | 434 | Financial solutions are provided by Alpha Group for corporates. | ||
| previse.co | 2016 | London, United Kingdom | $46.61M | 28 | Previse is focused on AI-driven financial transaction automation. |
Detailed competitors of Sweep
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Related news about Sweep
Complete news archive for Sweep
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Frequently Asked Questions about Sweep
Sweep was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Sweep is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Sweep has 5 employees.
Sweep was founded in 2017 and is headquartered in London, United Kingdom. AI-driven tools for payment management are provided to small businesses in the fintech sector. Core services encompass accounting oversight, payment system integrations, accounts payable processing, expense tracking, and invoice handling. These operations aim to support efficient financial workflows for small enterprises across various industries.
Sweep's top competitors include AccessPay, Alpha Group and Previse.
Sweep has 1 investor. Key investors include UK Research and Innovation.
Sweep operates through Sweep Online Ltd.