About Swivel
Swivel is a company based in Potomac (United States) founded in 2020 by Julian Traversa and William Hsieh. It operates as a FinTech. Swivel has raised $4.65 million across 2 funding rounds from investors including Amber Group, Multicoin Capital and IOSG Ventures. Swivel offers products and services including Swivel Protocol. Swivel operates in a competitive market with competitors including Superform, Katana, Apollo DAO, YIEDL and RKEY, among others.
- Headquarter Potomac, United States
- Founders Julian Traversa, William Hsieh
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swivel Finance
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.65 M (USD)
in 2 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Oct 26, 2021
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Investors
Amber Group
& 9 more
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Employee Count
Employee Count
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Products & Services of Swivel
Swivel offers a comprehensive portfolio of products and services, including Swivel Protocol. 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.
Tokenized cash-flows are managed for fixed or amplified yields.
Funding Insights of Swivel
Swivel has successfully raised a total of $4.65M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 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 2
- Last Round Series A — $3.5M
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First Round
First Round
(10 Dec 2020)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - Swivel | Valuation | IOSG Ventures , CMT Digital | |
| Dec, 2020 | Amount | Seed - Swivel | Valuation | Multicoin Capital |
| 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 Swivel
Swivel has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Amber Group, Multicoin Capital and IOSG Ventures. 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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Investments are made in early-stage tech startups by IOSG Ventures.
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Founded Year | Domain | Location | |
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Early-stage blockchain technology companies are invested in by the firm.
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Founded Year | Domain | Location | |
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Early-stage blockchain and cryptocurrency investments are managed by the fund.
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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 Swivel
| 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 - Swivel
| 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 |
Swivel Comparisons
Competitors of Swivel
Swivel 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 Superform, Katana, Apollo DAO, YIEDL and RKEY, 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 |
Online platform providing solutions to earn interest yield
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| domain | founded_year | HQ Location |
Yield generation is enabled via DeFi vaults on Solana blockchain.
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| domain | founded_year | HQ Location |
Yield tokens are managed via an online investment platform.
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| domain | founded_year | HQ Location |
An AI-powered platform for cryptocurrency trading and investments.
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| domain | founded_year | HQ Location |
Tokenized real estate platform
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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 Swivel
Frequently Asked Questions about Swivel
When was Swivel founded?
Swivel was founded in 2020.
Where is Swivel located?
Swivel is headquartered in Potomac, United States. It is registered at Potomac, Maryland, United States.
Who is the current CEO of Swivel?
Julian Traversa is the current CEO of Swivel. They have also founded this company.
Is Swivel a funded company?
Swivel is a funded company, having raised a total of $4.65M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.15M, raised on Dec 10, 2020.
What does Swivel do?
Tokenized cash-flows are managed through Swivel, a protocol designed for capital efficiency. Fixed or amplified yields are offered to lenders via token splitting into Principal and Yield Tokens. Trading of these tokens is facilitated on Swivels exchange, enabling fixed premiums or increased yield exposure. The financial technology sector is primarily served with innovative solutions for yield generation and redemption.
Who are the top competitors of Swivel?
Swivel's top competitors include Superform, Katana and Apollo DAO.
What products or services does Swivel offer?
Swivel offers Swivel Protocol.
Who are Swivel's investors?
Swivel has 10 investors. Key investors include Amber Group, Multicoin Capital, IOSG Ventures, CMT Digital, and unknown.