What is Swivel?
Founded in 2019, Swivel operates as a sophisticated digital leasing platform designed to streamline the complexities of office space transactions. By providing property owners with integrated applications for marketing, design, and lease execution, the company addresses critical inefficiencies in the commercial real estate sector. Swivel empowers landlords to deliver tailored workspace experiences, reducing the time and cost associated with traditional leasing processes. Currently serving over 70 properties and portfolios, the platform has established itself as a vital tool for major market operators, including Brandywine and Cousins, by facilitating faster lease signings through data-driven insights and intuitive digital workflows.
How much funding has Swivel raised?
Swivel has raised a total of $12.8M across 2 funding rounds:
Angel/Seed
$4.8M
Series A
$8M
Angel/Seed (2018): $4.8M with participation from First Round Capital
Series A (2020): $8M led by Jones Lang LaSalle and Jim Breyer
Key Investors in Swivel
Jones Lang LaSalle
A global commercial real estate services and investment management firm that provides integrated advisory, property management, and technology-enabled solutions to institutional clients worldwide.
First Round Capital
A prominent venture capital firm specializing in early-stage investments, known for supporting high-growth technology startups and fostering innovation across diverse sectors.
Jim Breyer
A seasoned venture capitalist and founder of Breyer Capital, focusing on long-term strategic investments in technology, artificial intelligence, and digital transformation.
What's next for Swivel?
The infusion of capital from its latest funding round positions Swivel to scale its operations and enhance its technological suite. As the commercial real estate industry shifts toward flexible, tech-enabled leasing models, Swivel is well-positioned to capture additional market share. Future strategic initiatives will likely focus on deepening its integration with global property management systems and expanding its footprint across major metropolitan markets. By leveraging its existing partnerships with industry leaders, the company aims to set a new standard for the digital office experience, ensuring that property owners remain competitive in an era where agility and tenant-centric design are paramount to long-term asset performance.
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