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Swiftly - About the company

Swiftly is a series C company based in Seattle (United States), founded in 2017 by and . It operates as a Provider of digital platform for brick and mortar retail. Swiftly has raised $220M in funding from BRV Capital Management and Wormhole Capital, with a current valuation of $1B. The company has 292 active competitors, including 75 funded and 31 that have exited. Its top competitors include companies like Zenput, Nuro and Silo.

Sectors and market segments that Swiftly operate in

Swiftly serves in the B2B space in the Retail, Food and Agriculture Tech market segments.The primary business model of Swiftly are:

Company Details

Provider of digital platform for brick and mortar retail. It enables retailers to grow sales and build loyalty while enabling brands to reach shoppers using retail media networks. It allows store managers to distribute the deals relevant to each individual shopper, track consumer behavior and recommend items accordingly. Its additional features includes self-checkout, reporting, analytics, digital catalog, and more.
Website
Social
Email ID
@swiftlysystems.com
Key Metrics
Founded Year
2017
Location
Seattle, United States
Stage
Series C
Total Funding
in 3 rounds
Latest Funding Round
Post Money Valuation
as on Sep 19, 2022
Investors
Ranked
19th among
Similar Companies

Legal entities associated with Swiftly

Swiftly is associated with 2 legal entities given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Jan 28, 2022
-
300
634
Dec 31, 2001
-
897
488
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Swiftly's funding and investors

Swiftly has raised a total funding of $220M over 3 rounds. Its first funding round was on Sep 10, 2019. Its latest funding round was a Series C round on Sep 19, 2022 for $100M. 1 investor participated in its latest round, lead by BRV Capital Management.

Swiftly has 13 institutional investors including BRV Capital Management, Wormhole Capital and Western Technology Investment.

Here is the list of recent funding rounds of Swiftly:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Sep 19, 2022
$100M
Series C
$1B
-
Mar 08, 2022
$100M
Series B
-
-
Sep 10, 2019
$15.6M
Seed
-
-
-
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Swiftly's founders and board of directors

The founders of Swiftly are and . is the CEO of Swiftly.

Swiftly's Competitors and alternates

Top competitors of Swiftly include Zenput, Nuro and Silo. Here is the list of Top 10 competitors of Swiftly, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Zenput
Zenput
2011, San Francisco (United States), Acquired
Platform offering software for mobile sales data collection
$47M
Golub Growth, MHS CapitalÌý&²¹³¾±è;Ìý
78/100
2nd
Logo for Nuro
Nuro
2016, Menlo Park (United States), Series E
Provider of AI-enabled autonomous delivery vehicles for deliveries
$2.24B
T. Rowe Price, GreylockÌý&²¹³¾±è;Ìý
77/100
3rd
Logo for Silo
Silo
2017, San Francisco (United States), Series D
Provider of software suite solutions for food distributor businesses
$315M
a16z, JefferiesÌý&²¹³¾±è;Ìý
73/100
4th
Logo for Dmall
Dmall
2015, Budapest (Hungary), Public
Cloud-based software suite solutions for retail businesses
$518M
, IDG CapitalÌý&²¹³¾±è;Ìý
69/100
5th
Logo for Ocado Group
Ocado Group
2000, Hatfield (United Kingdom), Public
Provider of software suite of solutions for online grocery businesses
-
68/100
6th
Logo for Vendasta
Vendasta
2008, Saskatoon (Canada), Series D
All-in-one platform for companies selling digital solutions to local businesses
$144M
Comerica, BMOÌý&²¹³¾±è;Ìý
67/100
7th
Logo for ARRYVED
ARRYVED
2015, Boulder (United States), Series B
Provider of POS solutions for bar & beverage industry
$27.9M
66/100
8th
Logo for Prozo
Prozo
2014, Gurugram (India), Series A
A technology-enabled supply chain company that provides integrated warehousing and freight solutions
$20M
JAFCO Asia, Sixth Sense VenturesÌý&²¹³¾±è;Ìý
66/100
9th
Logo for SPS Commerce
SPS Commerce
1998, Minneapolis (United States), Public
Provider of software suite solutions for retail businesses
$50.5M
65/100
10th
Logo for Moloco
Moloco
2013, Redwood City (United States), Series C
Cloud platform offering AI enabled mobile DSP software
$200M
EDBI, Samsung Venture InvestmentÌý&²¹³¾±è;Ìý
64/100
19th
Logo for Swiftly
2017, Seattle (United States), Series C
Provider of digital platform for brick and mortar retail
$220M
51/100
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Swiftly's Investments and acquisitions

Swiftly has made no investments or acquisitions yet.

Reports related to Swiftly

Here is the latest report on Swiftly's sector:
View

News related to Swiftly

Media has covered Swiftly for a total of 8 events in the last 1 year, 6 of them have been about partnerships.
•
Business Wire•Oct 17, 2024•Local Express, Swiftly
•
MrWeb•Aug 30, 2024•Swiftly, Hopthru
•
The Business Journals•Aug 01, 2024•Advantage Solutions, Swiftly
•
Grocery Dive•May 24, 2024•Swiftly,
•
Progressive Grocer•May 23, 2024•, Swiftly
•
Business Wire•May 23, 2024•, Swiftly
•
PetrolPlaza•Apr 17, 2024•, Swiftly
•
PerishableNews.com•Apr 16, 2024•Swiftly,
•
RetailCustomerExperience•Mar 12, 2024•Swiftly, Explore
•
goskagit.com•Mar 06, 2024•BYBE, Swiftly
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