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Rideswft

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Electric bikes and scooters offering exceptional quality and accessible prices for personal mobility

Bloomington, United StatesFounded 2020Transportation
Valuation $50–100M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Rideswft and the history behind them.

About Rideswft

SWFT is a forward-thinking startup focused on revolutionizing personal transportation through electric bikes and scooters. The company operates in the electric mobility market, which is rapidly growing as consumers seek eco-friendly and cost-effective alternatives to traditional gas-powered vehicles. SWFT's mission is to make high-quality, stylish, and affordable electric bikes and scooters accessible to everyone, promoting a cleaner and more sustainable way to travel.

SWFT serves a diverse range of clients, from urban commuters looking for a reliable and efficient way to navigate city streets, to adventure enthusiasts seeking a fun and eco-friendly mode of transportation. The company's products are designed to cater to various needs and preferences, ensuring that there is a suitable option for every rider.

The business model of SWFT is centered around direct-to-consumer sales through its website, rideswft.com. By selling directly to customers, SWFT can offer competitive prices and maintain control over the quality and customer experience. The company generates revenue through the sale of its electric bikes and scooters, as well as through additional services such as home assembly and repair provided by their partners at Velofix.

SWFT differentiates itself in the market by offering exceptional quality at accessible prices. Their products are known for their stylish designs, impressive performance, and durability. The company also emphasizes customer satisfaction, providing free shipping within the continental U.S. and excellent customer support from a team of e-bike experts.

In summary, SWFT is a dynamic player in the electric mobility market, offering high-quality, stylish, and affordable electric bikes and scooters. The company serves a wide range of clients, from daily commuters to adventure seekers, and operates on a direct-to-consumer business model that ensures competitive pricing and excellent customer service.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Bloomington, United States
Employees
3
Open positions
None listed
Dealroom signal
54.9/100
Industry
Transportation
Sector
Transportation
Client focus
b2c
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Oct 2021 $10M $40M Mark Joseph · Martin Lauber · Mark Joseph · David Zwick —
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Rideswft website traffic

Latest recorded traffic for Rideswft is 16K monthly website visits, up 142.4% over the last three months. Rideswft's team grew 0% over the past year.

Latest monthly visits16K 3-month web change+142.4% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • Mark Joseph
  • Martin Lauber
  • David Zwick
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Bloomington HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Rideswft on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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