About Sway Ventures
Sway Ventures is a venture capital firm founded in 2013. It is primarily based out of San Francisco, United States. As of May 2025, Sway Ventures is an active investor, having invested in 68 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it led the $13.9M Series A round of Secro along with Signal Group. This round also saw participation from TMV and other investors.
Overall, Sway Ventures portfolio has seen 3 unicorns, 4 IPOs and 24 acquisitions including key companies like Uber, Twilio and Addepar. A lot of funds co-invest with Sway Ventures, with names like 8VC sharing a substantial percentage of its portfolio.
Sway Ventures has team of 61 people including 50 partners.
Key Metrics
Team Members
, &
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Eight Sleep, Tally &
Sway Ventures' List of Top Investments
Sway Ventures has a portfolio of 68 companies, including 3 unicorns. Their most notable investments are in Tally and EVRYTHNG.Their portfolio spans across United States, United Kingdom, CanadaÌý²¹²Ô»å 2 more locations. They have invested in Enterprise Applications, High Tech, ConsumerÌý²¹²Ô»å 22 other sectors, across stages such as Series A, Seed Ìý²¹²Ô»å 4 more. Here is the list of top investments by Sway Ventures:
1. Uber
App-based ride-hailing aggregator. The platform provides services including taxi-hailing, food delivery, freight solutions, self-drive electric vehicle rentals, corporate transportation, and more. Users can book services by providing location, destination, user details, payment details, and more. The app is available for both Android and iOS devices.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $44B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 31,100 as on Dec 31, 2023
- Investors: HarbourVest Partners, Vulcan Capital and 187 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $1.15B
- Highlight: Public
2. Twilio
Cloud based omnichannel communication and customer engagement platform. The platform offers a telephony infrastructure web service in the cloud, allowing web developers to integrate phone calls, text messages, and IP voice communications into the web, mobile, and traditional phone applications. It provides customer data platform that allows users to collect data from different channels, and manage the customer journeys in real time. It caters its solution to industries such as reatil, finance, healthcare, and more.
Key facts about Twilio
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $4.15B as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $240M
- Employee Count: 231 as on Sep 30, 2024
- Investors: TeleSoft Partners, TDM Growth Partners and 39 Others
- Latest Funding Round: Post IPO, Jul 31, 2021
- Highlight: Public
3. Addepar
Addepar is a wealth management solution for investment advisors. It offers solutions for data aggregation, analytics, and portfolio reporting for investment advisors. The product caters to family offices, RIAs, foundation and endowments, global advisories, banks, financial services firms, and wirehouses.
Key facts about Addepar
- Founded Year: 2009
- Location: Mountain View (United States)
- Valuation: $3.25B as on May 26, 2025
- Stage: Series G
- Total Funding till date: $759M
- Employee Count: 560 as on Dec 31, 2022
- Investors: SeedFord Partners, EDBI and 56 Others
- Latest Funding Round: Series G, May 13, 2025, $230M
- Highlight: Editors' Pick
4. Eight Sleep
Eight sleep provides an AI-based internet-first brand of thermoregulated mattress, carbon air pillow, and smart mattress cover that is controlled via smartphone. It allows the user to set the temperature of the mattress independently and monitor the body vitals such as breathing and heart-rate variability. This control allows the user to fall asleep faster and improves the quality of sleep. The app can be connected with other smart devices to monitor sleep activity. GentleRise wake-up technology allows users to wake up with a temperature and gentle vibration at the chest level.
Key facts about Eight Sleep
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series C
- Total Funding till date: $173M
- Employee Count: 61 as on Dec 31, 2022
- Investors: SoftBank Group, A-Rod and 80 Others
- Latest Funding Round: Series C, Jun 09, 2021, $87.6M
- Highlight: Editors' Pick
5. OpenGov
Provider of software for government financial data visualization. OpenGov offers cloud-based software that visualizes municipal financial data, allowing governments to access, analyze, and share that data with the public. Its software platform allows government officials and average citizens to access government financial data.
Key facts about OpenGov
- Founded Year: 2012
- Location: Redwood City (United States)
- Stage: Acquired
- Total Funding till date: $182M
- Employee Count: 373 as on Dec 31, 2022
- Investors: Glynn Capital, Telstra Ventures and 37 Others
- Latest Funding Round: Series E, 2021, $50M
- Highlight: Acquired
Sway Ventures' Year-on-Year Investment Trends
Sway Ventures has invested in 68 companies over the last 11 years, with an average of 3 new investments annually in the last 10 years. In 2024, it made 2 investments, while as of May 2025, it has made 1 investment in this year. Its most recent first time investment was in Secro and most recent follow-on round was in Measurabl.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 0 | 1 | 1 |
2022 | 1 | 1 | 2 |
2021 | 1 | 4 | 5 |
2020 | 3 | 2 | 5 |
2019 | 3 | 4 | 7 |
2018 | 8 | 2 | 10 |
2017 | 8 | 0 | 8 |
2016 | 1 | 0 | 1 |
Get Sway Ventures' portfolio delivered to your inbox!
Sway Ventures' Investments by Stage
Sway Ventures has made 10 investments in Series A stage with an average round size of $11.6M, 8 investments in Seed stage with an average round size of $4.23M and 8 investments in Series B stage with an average round size of $21.5M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 10 |
Seed | 8 |
Series B | 8 |
Series E | 2 |
Series C | 1 |
Others | 1 |
Sway Ventures' Investments by Sector
Sway Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Consumer and FinTech. Notably, it has invested in 61 Tech companies, 57 Enterprise (B2B) companies, 39 Software companies and at least 32 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 17 |
High Tech | 11 |
Enterprise Infrastructure | 7 |
Consumer | 5 |
FinTech | 5 |
Others | 27 |
Sway Ventures' Investments by Geography
Sway Ventures has made most investments in United States (27), followed by Canada where it has made 1 investment.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 27 |
Canada | 1 |
Spain | 1 |
United Kingdom | 1 |
Sway Ventures' recent investments
Here are the most recent investments by Sway Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 26, 2025 | United States | Series A | $13.9M | Assembly Ventures [+5] | |
Oct 11, 2024 | United States | Series A | $13.4M | [+3] | |
Apr 03, 2024 | United States | Series A | Undisclosed | ||
May 31, 2023 | United States | Series D | $93M | Energy Impact Partners [+12] | |
Oct 03, 2022 | United States | Series D | $80M | [+4] |
Get the detailed list of all investments by Sway Ventures. Download now!Unicorns in Sway Ventures' Portfolio
Here is a list of unicorns in Sway Ventures' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
79 | Wealth management solutions for advisors | 2009 | Mountain View | Series G | usjmkme | ||
48 | AI powered coding assistant for developers | 2013 | San Francisco | Series D | lgmgsqu | ||
65 | Provider of drones for on-demand delivery services | 2011 | San Francisco | Series F | vvtgpvr |
IPOs and Publicly Listed companies in Sway Ventures' Portfolio
Here are Sway Ventures' portfolio companies that went public:
Acquired companies in Sway Ventures' Portfolio
Here are Sway Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 03, 2024 | Feb 18, 2016 | Series B | $36M | |
May 29, 2024 | Jan 18, 2017 | Series A | $8M | |
Feb 27, 2024 | - | - | - | |
Sep 21, 2023 | - | - | - | |
 | May 31, 2023 | 2018 | Seed | $3.5M |
Team profile of Sway Ventures
Sway Ventures has a team of 61 membersÌýincluding 50 Partners, 4 Venture Partners and 1 PrincipalÌýlocated in United States, Taiwan and . Sway Ventures' team sits on the board of 1 company.Here is a list of top team members in Sway Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | New York City | - | - | |
Partner | Palo Alto | - | ||
Partner | Newport Beach | - | ||
Partner | Miami | - | , | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | |||
Partner | Seattle | - | ||
Partner | Washington, DC | - |
Get the full list of Sway Ventures' team & partners for free. Download now!Co-investors of Sway Ventures
Over the past 11 years, 265 investors have co-invested in Sway Ventures's portfolio companies.
- Invested before Sway Ventures:ÌýAITV, Shasta Ventures and 99 others have invested in rounds before Sway Ventures. There are 7 companies where AITV has invested before Sway Ventures and 4 companies where Shasta Ventures has invested before Sway Ventures.
- Top Co-investors of Sway Ventures:Ìý69 investors entered a company along with Sway Ventures. These include investors like 8VC (3 companies).
- Invested after Sway Ventures:ÌýA total of 95 investors have invested in Sway Ventures's portfolio after their investments. Top Investors include Michael Stark (2 companies), Mark Cuban (2 companies) and Recruit Strategic Partners (2 companies).
Get full list of Sway Ventures' co-investors delivered to your inbox!
Recent News related to Sway Ventures
•
Global FinTech Series•May 26, 2025•Secro, Assembly Ventures, Sway Ventures, Signal Group and 3 others
•
•
Tech Funding News•Mar 27, 2024•Oriole Networks, UCL Technology Fund, Clean Growth Fund, and 8 others
•
•
FinSMEs•May 31, 2023•Measurabl, Energy Impact Partners, Sway Ventures, Moderne Ventures and 11 others
•
•
ACROFAN•Dec 06, 2022•Draper Associates, Valor Equity Partners, Lockheed Martin, C16 Ventures and 6 others
