About SW/TCH
SW/TCH is a Transportation, Automotive & Logistics company based in Brooklyn (United States) founded in 2017 by Volckert Van Reesema and Pace Ralli. Online platform offering marine transportation solutions and zero-emission ship development. SW/TCH has raised $10 million across 1 funding round from investors including Nexus Dev. Its chief executive, as recorded, is Pace Ralli. SW/TCH offers products and services including Zero-Carbon Vessels, Fueling Solutions, and Project Financing. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Marine. Its legal entity is SWITCH Maritime LLC. Its competitors include Pure Watercraft, Arc Boats and Saildrone; 3 of its 3 listed competitors have raised funding.
Company details
SWTCH was established in 2017 in Brooklyn, United States, within the maritime sector. An online platform is operated to deliver transportation solutions and support zero-emission ship development. Services encompass the design, construction, and deployment of hydrogen-powered vessels. Emphasis is given to clean energy options for maritime activities, addressing environmental needs in shipping operations.
- Headquarters Brooklyn, United States
- Founders Volckert Van Reesema, Pace Ralli
- SectorsTransportation, Automotive & Logistics
- Website switchmaritime.com
- Social LinkedIn Instagram
- Legal Name Switch Maritime Llc
- Net Profit-$190 (USD)as on Dec 31, 2020
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Series A
Nov 2023
- Investors
Products & Services of SW/TCH
SW/TCH offers a comprehensive portfolio of products and services, including Zero-Carbon Vessels, Fueling Solutions, and Project Financing.
Leases hydrogen fuel cell vessels for ferry operators to reduce emissions.
Provides hydrogen fuel supply and charging infrastructure for maritime use.
Offers funding and grants assistance for vessel construction and operations.
Funding Insights of SW/TCH
SW/TCH has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in November 2023. 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 $10M
- Total Rounds 1
- Last Round Series A — $10M
- First Round $10M
(Nov 2023)
- Investors Count 1
All 1 funding rounds of SWTCH 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 |
|---|---|---|---|---|---|
| Nov 2023 | $10M | Series A | – | Nexus Dev | – |
1 investors in total: 1 institutional.
Investors in SW/TCH
SW/TCH has secured backing from 1 investor. Prominent investors backing the company include Nexus Dev.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides development capital and support for early-stage climate projects and technologies. | 2021 | nexusdevcap.com | Addison, United States |
Investor details for SWTCH
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 SW/TCH
2 people are tracked at SW/TCH (2 in leadership).
| Name | Role | Group |
|---|---|---|
Volckert Van Reesema | Co-Founder | Leadership |
Pace Ralli | Co-Founder & CEO | Leadership |
Complete people profiles for SW/TCH
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 SW/TCH
2 dated milestones of SW/TCH across 6 years, from founding to its latest funding, stage changes and deals.
- Founded SW/TCH is founded.
- Funding First funding round of $10.0M.
Competitors of SW/TCH
SW/TCH has 3 listed competitors in our database, 3 of them funded. They include Pure Watercraft, Arc Boats and Saildrone.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| purewatercraft.com | 2011 | Seattle, United States | $67.66M | 52 | Electric boats and outboard motors are designed and manufactured. | |
| arcboats.com | 2021 | Los Angeles, United States | $100M | 55 | Electric ships are designed and manufactured using marine-grade aluminium. | |
| saildrone.com | 2012 | Alameda, United States | $234M | Developer of autonomous unmanned surface vehicle |
Detailed competitors of SWTCH
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SW/TCH
The website of SW/TCH (switchmaritime.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 11.3% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as SW/TCH (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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
Related news about Sw/Tch
Complete news archive for SWTCH
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SW/TCH
SW/TCH was founded in 2017 and raised its 1st funding round 6 years after it was founded.
SW/TCH is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Pace Ralli is the CEO of SW/TCH, as recorded in our data. They have also founded this company.
SW/TCH is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Nov 2023.
SWTCH was established in 2017 in Brooklyn, United States, within the maritime sector. An online platform is operated to deliver transportation solutions and support zero-emission ship development. Services encompass the design, construction, and deployment of hydrogen-powered vessels. Emphasis is given to clean energy options for maritime activities, addressing environmental needs in shipping operations.
SW/TCH's top competitors include Pure Watercraft, Arc Boats and Saildrone.
SW/TCH offers Zero-Carbon Vessels, Fueling Solutions, and Project Financing.
SW/TCH has 1 investor. Key investors include Nexus Dev.
SW/TCH operates through Switch Maritime Llc.