Swyft (Logistics) Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 15

Employees

  • Latest Deal Type
  • M&A

Swyft (Logistics) General Information

Description

Developer of a digital logistics platform intended to connect a network of shipping carriers with vendors. The company's platform offers an asset-free B2B managed marketplace with a focus on affordability in last-mile logistics, enabling clients to streamline reliable and low-cost same-day delivery while also reducing the risk of return or missed delivery.

Contact Information

Website
www.useswyft.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 200-388 Parliament Street
  • Suite 200
  • Toronto, Ontario M5A 2Z7
  • Canada
Primary Industry
Logistics
Other Industries
Business/Productivity Software
Vertical(s)
SaaS, Supply Chain Tech
Corporate Office
  • 200-388 Parliament Street
  • Suite 200
  • Toronto, Ontario M5A 2Z7
  • Canada

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Swyft (Logistics) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 01-Sep-2023 Completed Generating Revenue
4. Accelerator/Incubator Completed Generating Revenue
3. Early Stage VC (Series A) 07-Apr-2021 Completed Generating Revenue
2. Seed Round 14-Jul-2020 $2.21M $2.56M Completed Startup
1. Angel (individual) 01-Apr-2020 $358K $358K Completed Startup
To view Swyft (Logistics)’s complete valuation and funding history, request access »

Swyft (Logistics) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital logistics platform intended to connect a network of shipping carriers with vendors. The company's
Logistics
Toronto, Canada
15 As of 2023

Denver, CO
 

Mexico City, Mexico
 
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Swyft (Logistics) Competitors (47)

One of Swyft (Logistics)’s 47 competitors is GetSwift, a Private Equity-Backed company based in Denver, CO.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
GetSwift Private Equity-Backed Denver, CO
Cargamos Venture Capital-Backed Mexico City, Mexico
Onfleet Venture Capital-Backed San Francisco, CA
Shipcloud Private Equity-Backed Hamburg, Germany
Dropoff Venture Capital-Backed Austin, TX
You’re viewing 5 of 47 competitors. Get the full list »

Swyft (Logistics) Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Swyft (Logistics) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20150235477-A1 Automatic wireless transportation monitoring and transactions for mobile devices Inactive 19-Feb-2014

Swyft (Logistics) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Swyft (Logistics) Former Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
David Albert Angel (individual) Minority
Derrick Fung Angel (individual) Minority
Forerunner Ventures Venture Capital Minority
Golden Ventures Venture Capital Minority
Inovia Capital Venture Capital Minority
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Swyft (Logistics) FAQs

  • When was Swyft (Logistics) founded?

    Swyft (Logistics) was founded in 2020.

  • Where is Swyft (Logistics) headquartered?

    Swyft (Logistics) is headquartered in Toronto, Canada.

  • What is the size of Swyft (Logistics)?

    Swyft (Logistics) has 15 total employees.

  • What industry is Swyft (Logistics) in?

    Swyft (Logistics)’s primary industry is Logistics.

  • Is Swyft (Logistics) a private or public company?

    Swyft (Logistics) is a Private company.

  • What is Swyft (Logistics)’s current revenue?

    The current revenue for Swyft (Logistics) is .

  • How much funding has Swyft (Logistics) raised over time?

    Swyft (Logistics) has raised $20.1M.

  • Who are Swyft (Logistics)’s investors?

    David Albert, Derrick Fung, Forerunner Ventures, Golden Ventures, and Inovia Capital are 5 of 13 investors who have invested in Swyft (Logistics).

  • Who are Swyft (Logistics)’s competitors?

    GetSwift, Cargamos, Onfleet, Shipcloud, and Dropoff are some of the 47 competitors of Swyft (Logistics).

  • When was Swyft (Logistics) acquired?

    Swyft (Logistics) was acquired on 01-Sep-2023.

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