About SwipeSum
SwipeSum is a Financial Services company based in St. Louis (United States) founded in 2016. Payment processing costs are optimized through audits and consultations. SwipeSum has raised $4.75 million across 5 funding rounds from investors including Arch Grants, INV Fintech and Larry Schiffer. Its website swipesum.com draws about 67 thousand monthly visits. SwipeSum offers products and services including Payment Optimization and Statement Auditing. Its focus areas include Payment Resellers.
Company details
Founded in 2016 and based in St. Louis, United States, SwipeSum operates in the fintech sector, focusing on payment processing optimization. Services include statement audits, vendor evaluations, and customized solutions to reduce costs. Negotiations for lower rates are handled, along with chargeback management. Proprietary software is used to analyze merchant statements for unnecessary fees. Engineering support is provided for payment system integrations, and dedicated customer service addresses ongoing issues.
- Headquarters St. Louis, United States
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Phone•••• ••••
- Website swipesum.com
- Social LinkedIn X Facebook YouTube
- Legal Name Swipesum
- Total Equity Funding$4.75M (USD)
in 5 rounds
- Latest Funding Round$2.65M (USD), Series A
Jun 2022
- InvestorsArch Grants
& 4 more
Products & Services of SwipeSum
SwipeSum offers a comprehensive portfolio of products and services, including Payment Optimization and Statement Auditing.
Payment processing arrangements are optimized by Swipesum to reduce non-negotiable fees for businesses.
Merchant statements are analyzed by Swipesum using AI-driven tools to verify billing accuracy and identify cost reductions.
Apps and channels of SwipeSum
its YouTube channel SwipeSum has 306 subscribers and 30 videos.
Videos from SwipeSum
The most watched videos on SwipeSum's YouTube channel, SwipeSum (306 subscribers). Click a video to play it here.
More on SwipeSum.
Funding Insights of SwipeSum
SwipeSum has successfully raised a total of $4.75M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2.65 million completed in June 2022. 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 $4.75M
- Total Rounds 5
- Last Round Series A — $2.65M
- First Round $50,000
(Nov 2018)
- Investors Count 5
All 5 funding rounds of SwipeSum 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 |
|---|---|---|---|---|---|
| Jun 2022 | $2.65M | Series A | – | – | – |
| Jul 2020 | $1.1M | Seed | – | Cequel III | – |
| Jun 2020 | Seed | – | INV Fintech | – | |
| Dec 2018 | $1M | Seed | – | Larry Schiffer, Andy Love | – |
| Nov 2018 | $50,000 | Grant | – | – |
5 investors in total: 3 institutional and 2 angel.
Investors in SwipeSum
SwipeSum has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Arch Grants, INV Fintech and Larry Schiffer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
FinTech startups are accelerated through INV Fintech's biannual program. | invfintech.com | New York, United States | ||
A 12-month accelerator program is offered to tech startups. | 2011 | archgrants.org | St. Louis, United States | |
Cequel III is recognized as a private investment firm. | 2002 | cequel3.com | St. Louis, United States | |
LS Larry Schiffer | unknown_145a02744409406ba | |||
AL Andy Love | unknown_829068d358854ff4a |
Investor details for SwipeSum
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SwipeSum
7 people are tracked at SwipeSum (3 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Michael Seaman | Chief Executive Officer | Leadership |
Stephen Seaman | Co-Founder and COO | Leadership |
Cannon Elkins | Director of Enterprise Development | Leadership |
Katy (McCorgary) Schindler | Enterprise Account Manager | Team |
George Crane | Sales Implementation Manager | Team |
Alexa Boatman | Account Manager Team Lead | Team |
Shelby Shryock | Operations Manager | Team |
Complete people profiles for SwipeSum
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SwipeSum
3 dated milestones of SwipeSum across 6 years, from founding to its latest funding, stage changes and deals.
- Founded SwipeSum is founded.
- Funding First funding round of $50K.
- Funding Latest funding round, Series A, of $2.6M.
Web traffic of SwipeSum
The website of SwipeSum (swipesum.com) receives about 67.2K visits a month and ranks #580,727 among all websites worldwide, #6,820 in Financial Planning and Management.
- Monthly visits67.2K
▲ 6.5% vs previous month
- Unique visitors28.4K
per month
- Global rank#580,727
among all websites
- Category rank#6,820
Finance · Financial Planning and Management
- Bounce rate44%
- Pages per visit1.7
- Average visit30 sec
- DevicesDesktop 34% · Mobile 66%
Websites whose visitors overlap most with SwipeSum. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| clearlypayments.com | 100% | 44.2K | #745,791 | View details | |
merchantone.com | merchantone.com | 98% | #1,668,904 | – | |
| infinicept.com | 95% | 10.2K | #1,898,838 | View details | |
paymentdepot.com | paymentdepot.com | 95% | #1,369,093 | – | |
| paya.com | 94% | 28.2K | #952,275 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SwipeSum
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as SwipeSum (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about SwipeSum
SwipeSum was founded in 2016 and raised its 1st funding round 2 years after it was founded.
SwipeSum is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
SwipeSum is a funded company, having raised a total of $4.75M across 5 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on Nov 2018.
Founded in 2016 and based in St. Louis, United States, SwipeSum operates in the fintech sector, focusing on payment processing optimization. Services include statement audits, vendor evaluations, and customized solutions to reduce costs. Negotiations for lower rates are handled, along with chargeback management. Proprietary software is used to analyze merchant statements for unnecessary fees. Engineering support is provided for payment system integrations, and dedicated customer service addresses ongoing issues.
SwipeSum offers Payment Optimization and Statement Auditing.
SwipeSum has 5 investors. Key investors include Arch Grants, INV Fintech, Larry Schiffer, Andy Love, and Cequel III.
SwipeSum operates through Swipesum.