About Swifto
Swifto is a company based in New York (United States) founded in 2010.. Swifto has raised $2.5 million across 1 funding round from investors including Benchmark. Swifto has completed 1 acquisition, including Wagz ‘n Whiskerz Pet Sitting. Swifto operates in a competitive market with competitors including Rover, Wag!, Destination Pet, DogVacay and Pawshake, among others.
- Headquarter New York, United States
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Sectors
ConsumerBusiness Services
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Phone
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Website
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Social
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- Legal Name Swifto, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Apr 27, 2013
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Swifto
Swifto has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.5 million completed in April 2013. 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 1
- Last Round Series A — $2.5M
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First Round
First Round
(27 Apr 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2013 | Amount | Series A - Swifto | Valuation |
investors |
| 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 Swifto
Swifto has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Benchmark. 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 investments are offered to promising startups.
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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 Swifto
Swifto has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wagz ‘n Whiskerz Pet Sitting. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Dog walking and pet sitting services are provided locally.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Swifto
| 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 |
Swifto Comparisons
Competitors of Swifto
Swifto 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 Rover, Wag!, Destination Pet, DogVacay and Pawshake, 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 |
App-based pet sitting marketplace
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| domain | founded_year | HQ Location |
Pet sitters are matched with owners through an online marketplace.
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| domain | founded_year | HQ Location |
Online platform offering multi-category pet care services
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| domain | founded_year | HQ Location |
Open Marketplace for Pet Sitters
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| domain | founded_year | HQ Location |
Pet sitters are matched with owners via an online platform.
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| domain | founded_year | HQ Location |
Dog daycare, boarding, spa, and retail services are provided.
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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 Swifto
When was Swifto founded?
Swifto was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is Swifto located?
Swifto is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Swifto a funded company?
Swifto is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Series A of $2.5M, raised on Apr 27, 2013.
What does Swifto do?
Founded in 2010 in New York, United States, Swifto operates as an online marketplace in the pet services sector. Dog owners are connected with insured, background-checked, and college-educated walkers via automated matching. Services include online booking, payment processing, and a GPS tracking app for monitoring walks. Revenue growth of 20 month-over-month was achieved in the first year.
Who are the top competitors of Swifto?
Swifto's top competitors include Rover, Wag! and Pet Paradise.
How many acquisitions has Swifto made?
Swifto has made 1 acquisition, including Wagz ‘n Whiskerz Pet Sitting.
Who are Swifto's investors?
Swifto has 1 investor. Key investors include Benchmark.