About Swoop
Swoop is a company based in Calgary (Canada) founded in 2017 was acquired by Onex in December 2019.. The company has 317 employees as of December 31, 2024. Swoop has completed 1 acquisition, including COMMUNITY COMMUNICATIONS.
- Headquarter Calgary, Canada
- Employees 317 as on 31 Dec, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Westjet Airlines Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
317
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
Onex
(Dec 14, 2019)
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Funding Insights of Swoop
| 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 Swoop
Swoop has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Onex. 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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Limited information is provided about Onex's activities.
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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 Swoop
Swoop has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include COMMUNITY COMMUNICATIONS. 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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Wireless internet services are provided to communities in Australia.
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2016 |
| 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 - Swoop
| 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 |
Swoop Comparisons
Competitors of Swoop
| 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 Swoop
When was Swoop founded?
Swoop was founded in 2017.
Where is Swoop located?
Swoop is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
How many employees does Swoop have?
As of Dec 31, 2024, the latest employee count at Swoop is 317.
What does Swoop do?
Founded in 2017, Swoop is based in Calgary, Canada, within the aviation sector. Passenger airline operations are conducted by the company, providing scheduled flights to domestic and select international destinations. Services are managed through the flyswoop.com platform, emphasizing efficient regional connectivity. Headquarters oversee fleet management and route planning, supporting travel needs across North America.
How many acquisitions has Swoop made?
Swoop has made 1 acquisition, including COMMUNITY COMMUNICATIONS.
Who are Swoop's investors?
Swoop has 1 investor. Key investors include Onex.