When was Swift Rails founded?

Swift Rails was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is Swift Rails located?

Swift Rails is headquartered in Lancaster, United States. It is registered at 340 Pleasant View Drive, Lancaster, NY.

Who is the current CEO of Swift Rails?

Kevin Neumaier of Swift Rails. They have also founded 1 company.

How many employees does Swift Rails have?

As of May 31, 2026, the latest employee count at Swift Rails is 10.

Is Swift Rails a funded company?

Swift Rails is a funded company, having raised a total of $555K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 23, 2020.

How much is Swift Rails worth?

The latest valuation of Swift Rails is $***** as of Nov 17, 2023.

When was the latest funding round of Swift Rails?

Swift Rails' latest funding was a $***** Grant (prize money) round on Jul 22, 2024, with participation from 1 investor.

What is the annual revenue of Swift Rails?

Annual revenue of Swift Rails is less than $1M as on Dec 31, 2023

Where does Swift Rails rank among its competitors?

Swift Rails ranks 6th amongst 11 active competitors, only 1 of which is funded. Swift Rails, which secured $206K in Jul, 2024.

Who are the top competitors of Swift Rails?

Swift Rails' top competitors include skyTran, Transit and Vuba. Among them, Swift Rails secured the most recent funding round in July, 2024.

Swift Rails - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of autonomous rail car services. The company develops autonomous rail car transportation services in order to optimize traffic congestion, optimized transportation, and more. It develops a personalized transit system utilizing 1-4 person in the vehicles that travels up to 150 mph. These system can be applicable for small cities, large campuses, tourist destinations, and more.

Website: www.swiftrails.com/
Social
Registered Address: 340 Pleasant View Drive, Lancaster, NY

Key Metrics

Founded Year

2014

Location

Lancaster, United States

Stage

Seed

Total Funding

$555K in 3 rounds

Latest Funding Round

Grant (prize money), Jul 22, 2024, $*****

Post Money Valuation

$***** as on Nov 17, 2023

Investors

OSTI

Ranked

6^th among 11 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2023

Employee Count

10 as on May 31, 2026

Similar Companies

skyTran & 8 more

View Swift Rails' full profile

Swift Rails is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Swift Rails, Inc. CIN: 0001821195 , United States, Active		$0 - $1M (As on Dec 31, 2023)	6 (As on Dec 31, 2023)	-

Swift Rails has raised a total funding of $555K over 3 rounds. Its first funding round was on Dec 23, 2020. Its latest funding round was a Grant (prize money) round on Jul 22, 2024 for $*****. 1 investor participated in its latest round. Swift Rails has 1 institutional investor.

Here is the list of recent funding rounds of Swift Rails:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 22, 2024	8775298	Grant (prize money)	5253040	9536668	9890968	8170249
Dec 14, 2023	1655407	Seed	3894992	3279879	1290586	3666407
Dec 23, 2020	2767492	Seed	8304686	4135342	6146394	8035110

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View details of Swift Rails's funding rounds and investors

The founders of Swift Rails is Kevin Neumaier. Kevin Neumaier is the CEO of Swift Rails.

Here are the details of Swift Rails' key team members:

Kevin Neumaier: Founder & CEO of Swift Rails.

View details of Swift Rails's Founder profiles and Board Members

Swift Rails' employee count trend

Swift Rails has 10 employees as of May 26. Here is Swift Rails's employee count trend over the years:

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Top competitors of Swift Rails include skyTran, Transit and Vuba. Here is the list of Top 10 competitors of Swift Rails, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	skyTran 2009, Irvine (United States), Acquired	Developer of elevated personal rapid transit systems using pod technology	$78.9M	Reliance Industries, Innovation Endeavors ... & 6 others	45/100
2nd	Transit 2015, Boston (United States), Unfunded	Developer of an automated skypod transit network	-	-	32/100
3rd	Vuba 2018, Colorado Springs (United States), Unfunded	Smart city mobility company that provides automated transportation solutions	-	-	30/100
4th	Unitsky String Technologies 2014, Minsk (Belarus), Unfunded	Offers cargo haulage transportation on string rail overpass	-	-	28/100
5th	upBUS 2019, Aachen (Germany), Funding Raised	Developer of electric multi-utility hybrid vehicles	-	startport	27/100
6th	Swift Rails 2014, Lancaster (United States), Seed	Developer of autonomous rail car services	$555K	OSTI	26/100
7th	BeemCar 2014, Morpeth (United Kingdom), Unfunded	Autonomous suspended electric transport pods	-	-	26/100
8th	ottobahn 2019, Munich (Germany), Funding Raised	Tech-enabled skypod transportation solutions	-	EIT Urban Mobility	24/100
9th	Frais 2020, Czech Republic, Unfunded	Developer of multiphase electric motors and tilting three-wheeled electric motorcycles	-	-	24/100
10th	Futran 2017, Edison (United States), Unfunded	Developer of automated, elevated public transportation systems	-	-	23/100