What is Swell?
Swell operates as an automated growth platform designed to empower businesses by identifying new customer segments and converting client feedback into valuable reviews and referral opportunities. Based in Cottonwood Heights, Utah, the company's technology aims to streamline the process of customer engagement and reputation management, fostering organic growth through enhanced customer satisfaction and advocacy. This strategic focus positions Swell as a key player in the customer relationship management and marketing technology sectors.
How much funding has Swell raised?
Swell has raised a total of $10.5M across 2 funding rounds:
Angel/Seed
$2.5M
Series A
$8M
Angel/Seed (2020): $2.5M with participation from Mark Newman, Paul Brown, and Cultivation Capital
Series A (2021): $8M led by Teamworthy Ventures, SkyLab Ventures, and Cultivation Capital
Key Investors in Swell
Teamworthy Ventures
Teamworthy Ventures is a venture capital firm that invests in software and software-enabled services companies at various stages, focusing on building long-term relationships with entrepreneurs.
SkyLab Ventures
SkyLab Ventures is an entity that participated in Swell's Series A funding round, contributing to the company's growth capital.
Cultivation Capital
Cultivation Capital is a venture capital firm investing in young companies with transformative ideas across various industries, providing capital and network support for hyper growth.
What's next for Swell?
With the recent major strategic investment and substantial overall capital, Swell is poised for accelerated growth and market expansion. The company is expected to leverage this financing to enhance its platform capabilities, broaden its customer base, and further develop its automated solutions for customer feedback and referral generation. This strategic backing suggests a focus on scaling operations and solidifying its position as a leader in the automated growth and customer engagement technology space.
See full Swell company page
