About Swoops
Swoops is a company based in United States founded in 2022. It operates as a B2C. Swoops has raised $3.5 million across 1 funding round from investors including Courtside Ventures, Alpaca and Gary Vaynerchuk. Swoops operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and Underdog Fantasy, among others.
- Headquarter Remote, United States
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Sectors
Media & Entertainment
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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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Total Equity Funding
$3.5 M (USD)
in 1 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Apr 12, 2022
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Investors
Courtside Ventures
& 5 more
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Employee Count
Employee Count
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Funding Insights of Swoops
Swoops has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.5 million completed in April 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 Total Funding
- Total Rounds 1
- Last Round Series A — $3.5M
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First Round
First Round
(12 Apr 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - Swoops | Valuation | Courtside 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 Swoops
Swoops has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Courtside Ventures, Alpaca and Gary Vaynerchuk. 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 tech investments are managed by Courtside Ventures.
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Founded Year | Domain | Location | |
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Tech startups are funded by Alpaca venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made primarily in US companies.
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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 Swoops
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Swoops
| 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 |
Swoops Comparisons
Competitors of Swoops
Swoops 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 DraftKings, FanDuel, Dream Sports, MPL and Underdog Fantasy, 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 fantasy sports platforms are provided for multiple sports.
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| domain | founded_year | HQ Location |
Developer of a fantasy platform for multiple sports
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| domain | founded_year | HQ Location |
Operator of a multifaceted platform for sports content and experiences
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| domain | founded_year | HQ Location |
Real money skill-based gaming is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Developer of an online fantasy sports platform
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| domain | founded_year | HQ Location |
An online platform for fantasy sports predictions is provided.
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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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Frequently Asked Questions about Swoops
When was Swoops founded?
Swoops was founded in 2022.
Where is Swoops located?
Swoops is headquartered in United States.
Is Swoops a funded company?
Swoops is a funded company, having raised a total of $3.5M across 1 funding round to date. The company's 1st funding round was a Series A of $3.5M, raised on Apr 12, 2022.
What does Swoops do?
Swoops creates a decentralized platform for engaging fantasy basketball experiences through sports and entertainment, producing gaming content, fantasy sports, and decentralized platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Swoops?
Swoops's top competitors include FanDuel, DraftKings and Dream Sports.
Who are Swoops's investors?
Swoops has 6 investors. Key investors include Courtside Ventures, Alpaca, Gary Vaynerchuk, Jason Robins, and Slow Ventures.