About Swiipe
Swiipe is a company based in Hellerup (Denmark) founded in 2017 by Anders Riis.. Swiipe has raised $1.81 million across 2 funding rounds. The company has 10 employees as of November 30, 2024. Swiipe offers products and services including Swiipe Checkout, Plus-Sell, Win-Back, Return-Sell, and Kortbetalinger PSP. Swiipe operates in a competitive market with competitors including Bolt, Klasha, Fast, Balance and DEUNA, among others.
- Headquarter Hellerup, Denmark
- Employees 10 as on 30 Nov, 2024
- Founders Anders Riis
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swiipe Aps
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Annual Revenue
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Net Profit
$-803.24 K (USD)-8as on Dec 31, 2021
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EBITDA
$-1.82 M (USD)-4as on Dec 31, 2021
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Total Equity Funding
$1.81 M (USD)
in 2 rounds
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Latest Funding Round
$1.34 M (USD), Seed
Nov 10, 2019
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Investors
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Employee Count
10
as on Nov 30, 2024
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Products & Services of Swiipe
Swiipe offers a comprehensive portfolio of products and services, including Swiipe Checkout, Plus-Sell, Win-Back, Return-Sell, and Kortbetalinger PSP. 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.
Streamlines checkout to increase conversions and improve user experience.
Adds products post-purchase to boost average order value effectively.
Recovers failed sales via notifications to complete transactions.
Handles returns with recommendations to encourage repeat purchases.
Provides secure card payments with backup for reliable transactions.
Funding Insights of Swiipe
Swiipe has successfully raised a total of $1.81M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.34 million completed in November 2019. 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 2
- Last Round Seed — $1.3M
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First Round
First Round
(20 Jun 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - Swiipe | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Swiipe | 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Swiipe
| 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 - Swiipe
| 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 |
Swiipe Comparisons
Competitors of Swiipe
Swiipe 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 Bolt, Klasha, Fast, Balance and DEUNA, 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 |
Single-click checkout solutions are offered for e-commerce platforms.
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| domain | founded_year | HQ Location |
Checkout software solutions for B2B commerce are provided by Klasha.
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| domain | founded_year | HQ Location |
Automatic data filling for business checkout processes is provided.
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| domain | founded_year | HQ Location |
B2B software solutions for sales and purchase management are provided.
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| domain | founded_year | HQ Location |
SaaS-based checkout solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Provider of checkout suite solutions for e-tailers
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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 Swiipe
When was Swiipe founded?
Swiipe was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Swiipe located?
Swiipe is headquartered in Hellerup, Denmark.
Who is the current CEO of Swiipe?
Anders Riis is the current CEO of Swiipe. They have also founded this company.
Is Swiipe a funded company?
Swiipe is a funded company, having raised a total of $1.81M across 2 funding rounds to date. The company's 1st funding round was a Seed of $478.78K, raised on Jun 20, 2018.
How many employees does Swiipe have?
As of Nov 30, 2024, the latest employee count at Swiipe is 10.
What does Swiipe do?
Swiipe was founded in 2017 in Hellerup, Denmark, as a software provider in the e-commerce sector. Shopping carts are enabled for businesses through the platform, with sales optimization and smooth product check-in and check-out processes supported. Core leadership includes Co-Founder and CEO Anders Riis and CTO Christian Normann Eiland, guiding operations from the Danish base.
What products or services does Swiipe offer?
Swiipe offers Swiipe Checkout, Plus-Sell, Win-Back, Return-Sell, and Kortbetalinger PSP.
What is Swiipe's valuation?
The valuation of Swiipe is $7.6M as of Nov 2019.