About Swiftt
Swiftt is a company based in Tel Aviv (Israel) founded in 2019 by Amit Mittelman and Shlomy Amsalem.. Swiftt operates in a competitive market with competitors including BirchStreet Systems, PayEm, Concertiv, BuyerQuest and Omnea, among others.
- Headquarter Tel Aviv, Israel
- Founders Amit Mittelman, Shlomy Amsalem
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Sectors
Technology
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Barclays
& 1 more
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Employee Count
Employee Count
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Funding Insights of Swiftt
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Seed - Swiftt | Valuation | Techstars |
| 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 Swiftt
Swiftt has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Barclays and Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Diversified financial services are provided across global markets.
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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 Swiftt
| 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 - Swiftt
| 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 |
Swiftt Comparisons
Competitors of Swiftt
Swiftt 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 BirchStreet Systems, PayEm, Concertiv, BuyerQuest and Omnea, 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 |
Cloud-based procure-to-pay solutions are delivered for business management.
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| domain | founded_year | HQ Location |
SaaS expense management solutions are delivered for corporate organizations.
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| domain | founded_year | HQ Location |
Web-enabled end-to-end procurement management solutions are provided.
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| domain | founded_year | HQ Location |
Procure-to-pay software is provided for e-procurement and spend management.
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| domain | founded_year | HQ Location |
Web-enabled solutions for procurement orchestration in supply chains are offered.
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| domain | founded_year | HQ Location |
SaaS-based source-to-contract platform is provided for governments, utilities, and corporates.
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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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Frequently Asked Questions about Swiftt
When was Swiftt founded?
Swiftt was founded in 2019.
Where is Swiftt located?
Swiftt is headquartered in Tel Aviv, Israel.
What does Swiftt do?
Swiftt was founded in 2019 in Tel Aviv, Israel, as a provider of cloud-based procurement software. Processes from requisition to payment are automated and streamlined for enterprises. Supplier data and interactions are managed, with support for recurring orders and multi-vendor campaigns. Clients such as Visa, WeWork, and Amazon are served through these operations in the procurement technology sector.
Who are the top competitors of Swiftt?
Swiftt's top competitors include Concertiv, Omnea and BirchStreet Systems.