About Swyft
Swyft is a company based in London (United Kingdom) founded in 2018. It operates as a Direct-to-Consumer (D2C). Swyft offers products and services including Sofas, Sofa Beds, Beds, Chairs, and Accessories. Swyft operates in a competitive market with competitors including MADE.COM, Swoon, La-Z-Boy, eve sleep and Knoll, among others.
- Headquarter London, United Kingdom
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Swyft Home Limited
- Date of Incorporation 08 Aug, 2011
- Jurisdiction STRATFORD, LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.33 M (USD), Debt – Conventional
Nov 30, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Swyft
Swyft offers a comprehensive portfolio of products and services, including Sofas, Sofa Beds, Beds, Chairs, and Accessories. 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.
Various sofa models are offered in multiple styles.
Convertible sofa beds are provided for dual use.
Different bed sizes are available for purchase.
Assorted chairs are sold for various rooms.
Home accessories like rugs are offered online.
Funding Insights of Swyft
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $1.3M
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First Round
First Round
(30 Nov 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Debt – Conventional - Swyft | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Swyft
Swyft has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Growth Lending. 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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Offers comprehensive business loan solutions to support enterprise growth and financial needs.
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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 Swyft
| 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 - Swyft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Swyft Comparisons
Competitors of Swyft
Swyft 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 MADE.COM, Swoon, La-Z-Boy, eve sleep and Knoll, 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 |
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| domain | founded_year | HQ Location |
Multi-category home improvement products are sold through an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category home furniture is sold online by Swoon.
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| domain | founded_year | HQ Location |
Home furniture is manufactured and retailed by La-Z-Boy.
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| domain | founded_year | HQ Location |
Mattresses, pillows, and furniture products are provided by eve sleep.
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| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and manufactured.
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| domain | founded_year | HQ Location |
Multi-category home improvement products are offered by an internet-first brand.
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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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Latest news on Swyft
Frequently Asked Questions about Swyft
When was Swyft founded?
Swyft was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Swyft located?
Swyft is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Swyft do?
Swyft is involved in the online retail of furniture and home accessories. A wide range of products, including sofas, sofa beds, beds, chairs, and various home decor items, are offered. The company focuses on fast delivery and easy assembly solutions for customers. Operations are primarily conducted in the United Kingdom, with shipping options available to other European countries like Germany, Ireland, Austria, and Switzerland. Emphasis is placed on timeless design and customer satisfaction through guarantees and return policies.
Who are the top competitors of Swyft?
What products or services does Swyft offer?
Swyft offers Sofas, Sofa Beds, Beds, Chairs, and Accessories.
Who are Swyft's investors?
Swyft has 1 investor. Key investors include Growth Lending.