About Swensons
Swensons is a company based in Akron (United States) founded in 1934 by Wesley T was acquired by Spanos Barber Jesse in May 2016.. The company has 173 employees as of December 31, 2024. Swensons offers products and services including Galley Boy, Food Truck Service, and Catering Service. Swensons operates in a competitive market with competitors including McDonald's, Wendy's International, Checkers Drive-In, Five Guys Enterprises and Arby's, among others.
- Headquarter Akron, United States
- Employees 173 as on 31 Dec, 2024
- Founders Wesley T
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Swensons Drive-In Restaurants, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
173
as on Dec 31, 2024
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Acquired by
Spanos Barber Jesse
(May 18, 2016)
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Products & Services of Swensons
Swensons offers a comprehensive portfolio of products and services, including Galley Boy, Food Truck Service, and Catering Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Signature burger made with freshly ground beef for quality dining.
Provides mobile food options for events and parties.
Handles large orders and events with Swensons menu items.
Funding Insights of Swensons
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investors in Swensons
Swensons has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Spanos Barber Jesse. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments target lower middle-market companies in select sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Swensons
| 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 - Swensons
| 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 |
Swensons Comparisons
Competitors of Swensons
Swensons 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 McDonald's, Wendy's International, Checkers Drive-In, Five Guys Enterprises and Arby's, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fast food chain known for burgers and fries globally.
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| domain | founded_year | HQ Location |
Fast food chains are operated globally by Wendy's International.
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| domain | founded_year | HQ Location |
Restaurant chain specialising in fried chicken and burgers
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| domain | founded_year | HQ Location |
Restaurant chain selling hand crafted hamburgers
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| domain | founded_year | HQ Location |
Operator of a fast-food restaurant chain specializing in sandwiches
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| domain | founded_year | HQ Location |
Burgers are served by Red Robin, a limited-service food chain.
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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 Swensons
When was Swensons founded?
Swensons was founded in 1934.
Where is Swensons located?
Swensons is headquartered in Akron, United States. It is registered at Akron, Ohio, United States.
How many employees does Swensons have?
As of Dec 31, 2024, the latest employee count at Swensons is 173.
What does Swensons do?
Swensons was founded in 1934 by Wesley T. in Akron, United States, as a chain in the restaurant sector. Limited-service operations are maintained, with burgers served as the primary offering. The business functions through drive-in style locations, emphasizing quick meals in the fast-food industry. Expansion has occurred within the Midwest region, centered on traditional American fare without extensive dine-in facilities.
Who are the top competitors of Swensons?
Swensons's top competitors include Wendy's International, Five Guys Enterprises and McDonald's.
What products or services does Swensons offer?
Swensons offers Galley Boy, Food Truck Service, and Catering Service.
Who are Swensons's investors?
Swensons has 1 investor. Key investors include Spanos Barber Jesse.