What is Swingvy?
Swingvy offers a comprehensive cloud-based HR and payroll platform tailored for small and medium enterprises (SMEs) across Singapore, Malaysia, and Taiwan. The software streamlines critical HR functions, including employee onboarding, leave and time tracking, expense management, and payroll processing. By consolidating these operations into a single, user-friendly application, Swingvy empowers business owners and HR professionals to enhance operational efficiency and gain better data insights. The platform currently serves approximately 10,000 clients, supported by a dedicated mobile application for enhanced accessibility and communication.
How much funding has Swingvy raised?
Swingvy has raised a total of $1.1M across 1 funding round:
Angel/Seed
$1.1M
Angel/Seed (2017): $1.1M with participation from Big Basin Capital and Walden International
Key Investors in Swingvy
Big Basin Capital
Big Basin Capital is an investment firm that focuses on early-stage startups in Korea and the United States, viewing their investments as the beginning of a partnership in a long entrepreneurial journey. They support a diverse portfolio across various sectors, including B2B, B2C, and bio companies.
Walden International
Walden International is a venture capital firm that invests in early stage (seed or startup) and expansion stage (growth) companies, particularly in Internet & Digital Media, Semiconductors, Software & IT Services, and Emerging Technologies. They focus on companies with clear solutions to well-defined problems and strong management teams.
What's next for Swingvy?
The recent major strategic investment signals a pivotal growth phase for Swingvy. This capital infusion is expected to fuel further platform development, market expansion into new territories, and enhancement of its integration capabilities with other business software. Swingvy's focus on simplifying HR for SMEs positions it for continued scaling and increased market penetration, potentially leading to further enterprise-level funding rounds as it solidifies its position.
See full Swingvy company page
