Sweep

London, United Kingdom Founded: 2017 • Age: 9 yrs
AI-based payment and accounting solutions are offered to small businesses.
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About Sweep

Sweep is a company based in London (United Kingdom) founded in 2017.. The company has 5 employees as of March 31, 2021. Sweep operates in a competitive market with competitors including TravelPerk, Deem, AccessPay, Corporate Travel Management and Alpha Group, among others.

  • Headquarter London, United Kingdom
  • Employees 5 as on 31 Mar, 2021
  • Sectors
    Travel & Hospitality
    Technology Financial Services
  • Phone
    *********
  • Website
    *********
  • Legal Name Sweep Online Ltd
  • Date of Incorporation 02 Mar, 2017
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology → →
Technology → Marketing, Adtech & Commerce Technology → →
Financial Services → FinTech & Digital Finance → →
Key Metrics
  • Annual Revenue
  • Net Profit
    $-211.02 K (USD)
    0
    as on Mar 31, 2020
  • EBITDA
  • Latest Funding Round
    $580.3 K (USD), Grant

    Sep 20, 2020

  • Investors
    UK Research and Innovation
  • Employee Count
    5

    as on Mar 31, 2021

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Funding Insights of Sweep

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $580,296
  • First Round

    (20 Sep 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Grant - Sweep Valuation

investors
UK Research and Innovation
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Sweep

Sweep has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UK Research and Innovation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
UK Research and Innovation
Research and innovation funding is managed for UK advancement.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sweep

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sweep

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Sweep Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Sweep

Sweep 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 TravelPerk, Deem, AccessPay, Corporate Travel Management and Alpha Group, 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
TravelPerk
domain founded_year HQ Location
SaaS-driven corporate travel management & booking engine platform
Deem
domain founded_year HQ Location
Provider of corporate travel management solutions
AccessPay
domain founded_year HQ Location
Cloud based payment automation and cash management solutions for businesses
Corporate Travel Management
domain founded_year HQ Location
Corporate travel management software is provided for business use.
Alpha Group
domain founded_year HQ Location
Financial solutions are provided by Alpha Group for corporates.
Previse
domain founded_year HQ Location
Previse is focused on AI-driven financial transaction automation.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sweep

Frequently Asked Questions about Sweep

When was Sweep founded?

Sweep was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Sweep located?

Sweep is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Sweep have?

As of Mar 31, 2021, the latest employee count at Sweep is 5.

What does Sweep do?

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.

Who are the top competitors of Sweep?

Sweep's top competitors include TravelPerk, AccessPay and Deem.

Who are Sweep's investors?

Sweep has 1 investor. Key investors include UK Research and Innovation.

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