What is Swiftly?
Founded in 2014 and headquartered in San Francisco, California, Swiftly develops specialized software solutions designed to improve urban mobility. Their platform serves transit agencies and cities, aiming to streamline operations and enhance the efficiency of public transportation systems. This strategic investment positions Swiftly to further its mission of transforming urban transit through technology.
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 Millennium Strategic Group, Zipdragon Ventures, Samsung NEXT, Via ID (Mobivia), RATP Dev, and 1776 Ventures
Series A (2019): $10M led by Aster Capital, Wind Capital, Renewal Funds, and VIA ID
Key Investors in Swiftly
Aster Capital
Aster Capital is a venture capital firm acting 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.
Millennium Strategic Group
Millennium Strategy Group is a full-service political consulting, management consulting, public relations, and lobbying firm with extensive experience in the field.
Zipdragon Ventures
Zipdragon Ventures specializes in early-stage investing and advisory services at the intersection of AI, SaaS, and industry-specific solutions, focusing on capital-efficient startups in climate tech and digital sectors.
What's next for Swiftly?
With substantial enterprise-level backing, Swiftly is poised for accelerated growth and expansion. The company's focus on urban mobility solutions addresses a critical need in smart city development. Future endeavors will likely involve scaling their technology, expanding their client base among municipal transit authorities, and potentially developing new features to further optimize urban transportation networks. This capital infusion signals a strong market confidence in Swiftly's innovative approach to public transit.
See full Swiftly company page