Swyft - About the company
Swyft is a series B company based in San Francisco (United States), founded in 2013 by Gower Smith. It operates as a Provider of automated solution for self-service retail. Swyft has raised $3.5M in funding from FEMSA Ventures and Defiance Ventures. The company has 501 active competitors, including 64 funded and 67 that have exited. Its top competitors include companies like RELEX, Lightspeed and CallidusCloud.
Company Details
Swyft provider of an automated solution for self-service retail, franchise vend operators, and enterprises. The retail automation platform captures data from consumers then using machine learning and AI it provides insight, automates processes, optimizes the P&L, and makes predictive decisions. Its software solution offers real-time dashboards, content management, consumer loyalty program, warehouse management, replenishment & logistics, and more. Its hardware solution offers unattended retail using sensor technologies, locker systems for product delivery, cashier-less stores, product sampling devices, and more.
- Website
- swyftstore.com
- Email ID
- *****@swyftstore.com
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Series B
Total Funding
$3.5M in 3 rounds
Latest Funding Round
Investors
Ranked
55th among 501 active competitors
Employee Count
46 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with Swyft
Swyft is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Swyft, Inc. CIN: 0001672903 , United States, Active | $1 - $1M (As on Apr 22, 2016) | - | - |
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Swyft's funding and investors
Swyft has raised a total funding of $3.5M over 3 rounds. Its first funding round was on Apr 22, 2016. Its latest funding round was a Series B round on Aug 20, 2021 for $*****. 1 investor participated in its latest round. Swyft has 4 institutional investors.
Here is the list of recent funding rounds of Swyft:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 20, 2021 | 4205926 | Series B | 3360270 | 5763734 | 7152455 | 6553749 |
Aug 21, 2020 | 3723006 | Series B | 1026680 | 4264377 | 9958132 | 3605480 |
Apr 22, 2016 | 8078479 | Series A | 2205494 | 7666664 | 3798518 | 1687196 |
View details of Swyft's funding rounds and investors
Swyft's founders and board of directors
Founder? Claim ProfileThe founders of Swyft is Gower Smith.
Here are the details of Swyft's key team members:
- Gower Smith: Co-Founder & CEO of Swyft.
View details of Swyft's Founder profiles and Board Members
Swyft's employee count trend
Swyft has 46 employees as of May 26. Here is Swyft's employee count trend over the years:
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Swyft's Competitors and alternates
Top competitors of Swyft include RELEX, Lightspeed and CallidusCloud. Here is the list of Top 10 competitors of Swyft, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of unified platform for retail and supply chain planning | $816M | 76/100 | ||
2nd | Lightspeed 2005, Montreal (Canada), Public | Provider of point of sale and payment platform for businesses | $292M | 76/100 | |
3rd | CallidusCloud 1996, Pleasanton (United States), Acquired | Cloud-based sales, marketing and pipeline management solutions | $89.3M | 74/100 | |
4th | Farmer's Fridge 2013, Chicago (United States), Series D | Provider of food vending machines | $82.6M | 68/100 | |
5th | 365 Retail Markets 2008, Troy (United States), Series B | Provider of unattended retail technology including hardware, software, and payment solutions | - | 67/100 | |
6th | Index (acquired by Stripe) 2012, San Francisco (United States), Acquired | Payment solutions and personalized marketing to offline retailers | $26M | 66/100 | |
7th | Focal systems 2015, Menlo Park (United States), Series B | AI-based suite solution for offline businesses | $28.4M | 61/100 | |
8th | Inmar 1980, Winston-salem (United States), Acquired | Provider of software suite solutions for retail businesses | - | 60/100 | |
9th | Mad Mobile 2010, Tampa (United States), Series A | Developer of artificial intelligence platforms for retail and restaurant operations | $20M | 59/100 | |
10th | Cloud-based suite software for the retail industry | - | 58/100 | ||
55th | Swyft 2013, San Francisco (United States), Series B | Provider of automated solution for self-service retail | $3.5M | 42/100 |
Looking for more details on Swyft's competitors? Click here to see the top ones
Swyft's Investments and acquisitions
Swyft has acquired 2 companies including Utique Shop and ZoomSystems. Swyft has not made any investments as of now.Reports related to Swyft
Here is the latest report on Swyft's sector:
News related to Swyft
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Swyft announces new contactless shopping technology for its vending machinesVendingmarketwatch•Mar 09, 2021•Swyft
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Self-service PPE kiosks become the newest addition to hotel lobbiesPhocusWire•Sep 28, 2020•Swyft, CVS pharmacy
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Swyft Releases AI-Powered 'Nano Shops,' Readies NAMA DebutVending Times•Apr 16, 2019•Compass Group, Swyft
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Swyft, Inc. acquires ZoomSystems; the global leader in automated retailPR Newswire•Nov 09, 2017•Swyft, ZoomSystems
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