About Swiftly
Swiftly is a company based in Seattle (United States) founded in 2017 by Sean Turner and Henry Kim. It operates as a SaaS (Software-as-a-Service), and Revenue Share. Swiftly has raised $215.6 million across 3 funding rounds from investors including Western Technology Investment, BRV Capital Management and Liquid 2 Ventures. Swiftly offers products and services including Swiftly Platform, Audience Optimizer, Alcohol Cashback, and Swiftly Retail Media Network. Swiftly operates in a competitive market with competitors including Zenput, Silo, Vendasta, SPS Commerce and Dmall, among others.
- Headquarter Seattle, United States
- Founders Sean Turner, Henry Kim
- Stage Unicorn
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Sectors
RetailMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swiftly Systems Inc
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Annual Revenue
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Net Profit
$156.52 K (USD)28as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$215.6 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Series C
Sep 19, 2022
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Investors
Western Technology Investment
& 9 more
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Employee Count
Employee Count
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Products & Services of Swiftly
Swiftly offers a comprehensive portfolio of products and services, including Swiftly Platform, Audience Optimizer, Alcohol Cashback, and Swiftly Retail Media Network. 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.
AI-driven platform for retail media and engagement.
Tool for targeting and personalizing shopper campaigns.
Program offering cashback on alcohol purchases.
Network connecting retailers and brands for advertising.
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Software Development Team
23 people
Leadership Team
13 people
Sales and Marketing
11 people
Product Management Team
7 people
Senior Team
6 people
Finance and Accounting
3 people
Creative and Marketing Team
3 people
Data Analysis and Operations Team
3 people
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Funding Insights of Swiftly
Swiftly has successfully raised a total of $215.6M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in September 2022. 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 3
- Last Round Series C — $100.0M
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First Round
First Round
(10 Sep 2019)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series C - Swiftly | Valuation | BRV Capital Management |
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| Mar, 2022 | Amount | Series B - Swiftly | Valuation | Wormhole Capital | |
| Sep, 2019 | Amount | Seed - Swiftly | 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 |
Investors in Swiftly
Swiftly has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Western Technology Investment, BRV Capital Management and Liquid 2 Ventures. 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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Venture capital fund focused on seed-stage investment in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward eCommerce and diverse 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 Swiftly
| 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 - Swiftly
| 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 |
Swiftly Comparisons
Competitors of Swiftly
Swiftly 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 Zenput, Silo, Vendasta, SPS Commerce and Dmall, 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 |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for food distributor businesses.
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| domain | founded_year | HQ Location |
All-in-one platform for companies selling digital solutions to local businesses
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| domain | founded_year | HQ Location |
Software suite solutions for retail supply chain are provided.
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| domain | founded_year | HQ Location |
Cloud-based software suites are provided for retail businesses.
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| domain | founded_year | HQ Location |
POS solutions are provided for bar and beverage industry.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Swiftly
Frequently Asked Questions about Swiftly
When was Swiftly founded?
Swiftly was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Swiftly located?
Swiftly is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Swiftly?
Henry Kim is the current CEO of Swiftly. They have also founded this company.
Is Swiftly a funded company?
Swiftly is a funded company, having raised a total of $215.6M across 3 funding rounds to date. The company's 1st funding round was a Seed of $15.6M, raised on Sep 10, 2019.
What does Swiftly do?
Swiftly is established as a retail technology provider offering an AI-driven platform for grocers and brands. Solutions are developed to enhance retailer engagement through personalized content and loyalty programs. The platform is utilized to connect digital and in-store shopping experiences, targeting the retail media market. Services are extended to regional and independent retailers, as well as advertisers, to boost sales and customer loyalty. Focus is placed on grocery, convenience stores, and gas fuel sectors with data-driven advertising solutions.
Who are the top competitors of Swiftly?
Swiftly's top competitors include SPS Commerce, Dmall and Zenput.
What products or services does Swiftly offer?
Swiftly offers Swiftly Platform, Audience Optimizer, Alcohol Cashback, and Swiftly Retail Media Network.
Who are Swiftly's investors?
Swiftly has 10 investors. Key investors include Western Technology Investment, BRV Capital Management, Liquid 2 Ventures, Bramalea Partners, and Gaingels.
What is Swiftly's valuation?
The valuation of Swiftly is $1B as of Sep 2022.