About Swoop
Swoop is a company based in Tbilisi (Georgia) founded in 2010 by Lado Gurgenidze was acquired by Smartex in January 2012.. Swoop operates in a competitive market with competitors including JD.com, Extra, FreeShop.Ge, DADE and Kroudi, among others.
- Headquarter Tbilisi, Georgia
- Founders Lado Gurgenidze
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Sectors
Retail
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Phone
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Website
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Social
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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
Employee Count
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Acquired by
Smartex
(Jan 01, 2012)
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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 Smartex GE. 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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Seed and early-stage venture capital investments are managed by Smartex.
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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
| 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 - 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
Swoop 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 JD.com, Extra, FreeShop.Ge, DADE and Kroudi, 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 |
An extensive online shopping platform is operated by JD.com.
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| domain | founded_year | HQ Location |
Prepaid cards are provided for consumer transactions and payments.
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| domain | founded_year | HQ Location |
Online Retailer
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| domain | founded_year | HQ Location |
Functions as an online marketplace for multi-category consumer products.
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| domain | founded_year | HQ Location |
Functions as an app-based retailer for multi-category products.
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| domain | founded_year | HQ Location |
Operates an online shopping platform offering a wide range of products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 2010.
Where is Swoop located?
Swoop is headquartered in Tbilisi, Georgia.
What does Swoop do?
Founded in 2010 and based in Tbilisi, Georgia, Swoop operates as an online platform in the digital coupons sector. Coupons across categories such as food, health and wellness, travel, beauty, and online shopping are sold. Partnerships with over 250 merchants in Tbilisi, Batumi, Kutaisi, Rustavi, and Zugdidi are maintained. Approximately 1,000 deals are offered daily, with integration to eMoneyConnect enabling access for eMoney users.
Who are the top competitors of Swoop?
Swoop's top competitors include Extra, FreeShop.Ge and JD.com.
Who are Swoop's investors?
Swoop has 1 investor. Key investors include Smartex GE.