About Swile
Swile is a company based in Paris (France) founded in 2016 by Sandrine Soubeyrand and Loic Soubeyrand.. Swile has raised $328.44 million across 5 funding rounds from investors including SoftBank Group, Eurazeo and Bpifrance. Swile has completed 5 acquisitions, including Bimpli, GiveBriq and Okarito. Swile offers products and services including Swile Card and Swile App. Swile operates in a competitive market with competitors including Spendesk, Sodexo, Edenred, Mooncard and Club Employés, among others.
- Headquarter Paris, France
- Founders Sandrine Soubeyrand, Loic Soubeyrand
- Stage Unicorn
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Sectors
TechnologyHealthcare Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Swile
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$328.44 M (USD)
in 5 rounds
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Latest Funding Round
$200 M (USD), Series D
Oct 08, 2021
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Investors
SoftBank Group
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
Bimpli
& 4 more
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Products & Services of Swile
Swile offers a comprehensive portfolio of products and services, including Swile Card and Swile App. 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.
Smart card for digital employee benefits transactions and spending.
App to manage card activation, track spending, and handle benefits.
Unlock access to complete
Funding Insights of Swile
Swile has successfully raised a total of $328.44M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in October 2021. 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 5
- Last Round Series D — $200.0M
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First Round
First Round
(20 Dec 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series D - Swile | Valuation | SoftBank Group | |
| Jan, 2020 | Amount | Series C - Swile | Valuation | Index Ventures , Bpifrance | |
| Jan, 2019 | Amount | Series B - Swile | Valuation | Index Ventures |
| 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 Swile
Swile has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include SoftBank Group, Eurazeo and Bpifrance. 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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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across multiple 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 Swile
Swile has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Bimpli, GiveBriq and Okarito. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Employee benefits are managed via a cloud-based administration platform.
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2021 | ||||
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Corporate travel bookings for flights, accommodations, and management are facilitated.
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2018 | ||||
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Cloud-based employee benefits platform
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2017 |
| 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 - Swile
| 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 |
Swile Comparisons
Competitors of Swile
Swile 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 Spendesk, Sodexo, Edenred, Mooncard and Club Employés, 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 |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Employee benefits payment cards are provided via an online platform.
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| domain | founded_year | HQ Location |
Employee benefits and payment solutions are managed for businesses.
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| domain | founded_year | HQ Location |
Card payment and expense management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
A cloud-based platform for employee benefit administration is offered.
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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 Swile
Frequently Asked Questions about Swile
When was Swile founded?
Swile was founded in 2016.
Where is Swile located?
Swile is headquartered in Paris, France.
Who is the current CEO of Swile?
Sandrine Soubeyrand is the current CEO of Swile. They have also founded this company.
Is Swile a funded company?
Swile is a funded company, having raised a total of $328.44M across 5 funding rounds to date. The company's 1st funding round was a Series B of $34.26M, raised on Dec 20, 2016.
What does Swile do?
Swile was founded in 2016 in Paris, France, as a work tech company focused on employee benefits. Meal and gift vouchers are digitized via a card that facilitates payment processes, business trip bookings, expense tracking, and card management through freezing or unfreezing. Team events are organized, nearby restaurants are located, and vouchers can be donated to charities, supporting operational efficiency in the HR tech sector.
What products or services does Swile offer?
Swile offers Swile Card and Swile App.
How many acquisitions has Swile made?
Who are Swile's investors?
Swile has 10 investors. Key investors include SoftBank Group, Eurazeo, Bpifrance, Idinvest Partners, and Index Ventures.
What is Swile's valuation?
The valuation of Swile is $1B as of Oct 2021.
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