What is Swiftly?
Founded in 2014 and headquartered in San Francisco, California, Swiftly develops specialized software solutions designed to optimize urban mobility. The company's platform assists transit agencies and cities in improving the efficiency and user experience of their transportation networks. By leveraging technology, Swiftly aims to address the complex challenges of urban transit, making cities more accessible and sustainable. The company's focus on improving urban mobility places it at the forefront of the smart city movement, a sector attracting substantial investment due to its potential for societal and economic impact.
How much funding has Swiftly raised?
Swiftly has raised a total of $12.5M across 2 funding rounds:
Unspecified
$2.5M
Series A
$10M
Unspecified (2017): $2.5M with participation from 1776 Ventures, Via ID (Mobivia), RATP Dev, Millennium Strategic Group, Zipdragon Ventures, and Samsung NEXT
Series A (2019): $10M led by Wind Capital, Aster Capital, Renewal Funds, and VIA ID
Key Investors in Swiftly
Aster Capital
Aster Capital is a venture capital firm that acts as a growth accelerator for startups, particularly in the energy, smart industries, and mobility sectors. They provide an ecosystem of opportunities, market access, and geographic expansion support to companies.
1776 Ventures
1776 Ventures is a community and platform for entrepreneurs focused on solving complex problems and revitalizing cities, offering mentorship, capital, and market access to help businesses scale.
Via ID (Mobivia)
Via Id supports new transportation startups in Paris by providing coaching, financial backing, and real-world connections to help young businesses in urban mobility grow.
What's next for Swiftly?
With a substantial funding history, Swiftly is well-positioned for continued growth and expansion. The recent enterprise-level financing suggests a strategic focus on scaling operations, further developing its software capabilities, and potentially expanding its market reach. This capital infusion will likely enable Swiftly to enhance its product offerings, forge new partnerships with municipalities, and solidify its position as a key player in the urban mobility technology sector. The company's trajectory indicates a commitment to innovation and a strategic vision for transforming urban transportation.
See full Swiftly company page