About Swiftmile
Swiftmile is a Transportation, Automotive & Logistics company based in San Mateo (United States) founded in 2014. Personal electric transporters (PETS) sharing charging solutions provider. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Swiftmile has raised $8.98 million across 6 funding rounds from investors including Verizon, Wilson Sonsini Goodrich & Rosati and Thayer Ventures. Swiftmile offers products and services including Charging Station, Digital Sign Network, Universal Charging, and Back End System. Its focus areas include Consumer, Road Transport Tech, Parking and Parking Spot. Its legal entity is Swiftmile, inc. Its competitors include Span.IO, Lightning eMotors and AMPLY; 3 of its 3 listed competitors have raised funding.
Company details
Swiftmile was founded in 2014 in San Mateo, United States, focusing on the mobility sector. Operations involve the deployment of Swiftstations, which serve as solar-powered parking and charging hubs for personal electric transporters including e-scooters, e-bikes, e-trikes, and e-skateboards. Users locate and rent these devices through a mobile application, supporting shared access in urban environments.
- Headquarters San Mateo, United States
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Website swiftmile.com
- Social LinkedIn X Facebook Instagram
- Legal Name Swiftmile, Inc
- Annual Revenue$29.45 K (USD)44as on Dec 31, 2016
- Net Profit-$284.27 K (USD)-106as on Dec 31, 2016
- Total Equity Funding$8.98M (USD)
in 6 rounds
- Latest Funding Round$5M (USD), Series A
Jul 2020
- InvestorsVerizon
& 3 more
Products & Services of Swiftmile
Swiftmile offers a comprehensive portfolio of products and services, including Charging Station, Digital Sign Network, Universal Charging, and Back End System.
Delivers safe charging for e-bikes and e-scooters.
Manages custom ads and content on charging hubs.
Supports various e-scooters for convenient charging.
Handles power and data via integrated APIs.
Funding Insights of Swiftmile
Swiftmile has successfully raised a total of $8.98M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in July 2020. 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 $8.98M
- Total Rounds 6
- Last Round Series A — $5M
- First Round $944,000
(Apr 2018)
- Investors Count 4
All 6 funding rounds of Swiftmile 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 |
|---|---|---|---|---|---|
| Jul 2020 | $5M | Series A | – | Thayer Ventures | |
| Oct 2019 | $1.65M | Seed | – | – | – |
| Sep 2019 | $490,000 | Seed | – | – | – |
| Aug 2019 | $299,970 | Seed | – | – | – |
| Dec 2018 | $600,000 | Seed | – | – | – |
| Apr 2018 | $944,000 | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in Swiftmile
Swiftmile has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Verizon, Wilson Sonsini Goodrich & Rosati and Thayer Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm | 2007 | thayerventures.com | San Francisco, United States | |
Venture capital investing and portfolio management services for accredited investors. | av.vc | |||
Mobile and internet services are provided to homes and businesses. | 1983 | verizon.com | New York, United States | |
Provider of legal services to technology and life science companies | 1961 | wsgr.com | Palo Alto, United States |
Investor details for Swiftmile
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
People of Swiftmile
6 people are tracked at Swiftmile (1 in leadership, 5 in board & advisors).
| Name | Role | Group |
|---|---|---|
Michael Jorgenson | Senior Vice President Of Government Affairs | Leadership |
John Short | Advisor | Board & advisors |
Gus Shahin | Advisor | Board & advisors |
Victoria Grace | Founder | Board & advisors |
Alice Katwan | Advisor | Board & advisors |
Grayson Brulte | Advisor | Board & advisors |
Complete people profiles for Swiftmile
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Swiftmile
3 dated milestones of Swiftmile across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Swiftmile is founded.
- Funding First funding round of $944K.
- Funding Latest funding round, Series A, of $5.0M.
Competitors of Swiftmile
Swiftmile has 3 listed competitors in our database, 3 of them funded. They include Span.IO, Lightning eMotors and AMPLY.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. | ||
| lightningemotors.com | 2008 | Loveland, United States | $59.8M | 269 | SaaS management solutions for EV charging operators are provided. | |
| amplypower.com | 2018 | Mountain View, United States | $16.08M | 66 | Fully-automated charging solution for EV fleets |
Detailed competitors of Swiftmile
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- Full competitor set
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Swiftmile (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Swiftmile
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Frequently Asked Questions about Swiftmile
Swiftmile was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Swiftmile is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Swiftmile is a funded company, having raised a total of $8.98M across 6 funding rounds to date. The company's 1st funding round was a Seed of $944K, raised on Apr 2018.
Annual revenue of Swiftmile is $29.45K as on Dec 31, 2016.
Swiftmile was founded in 2014 in San Mateo, United States, focusing on the mobility sector. Operations involve the deployment of Swiftstations, which serve as solar-powered parking and charging hubs for personal electric transporters including e-scooters, e-bikes, e-trikes, and e-skateboards. Users locate and rent these devices through a mobile application, supporting shared access in urban environments.
Swiftmile's top competitors include Span.IO, Lightning eMotors and AMPLY.
Swiftmile offers Charging Station, Digital Sign Network, Universal Charging, and Back End System.
Swiftmile has 4 investors. Key investors include Verizon, Wilson Sonsini Goodrich & Rosati, Thayer Ventures, and Alumni Ventures.
Swiftmile operates through Swiftmile, Inc.