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Swarm Technologies
Swarm Technologies is develops lowest-cost global communications network with breakthrough satellite technology
About Swarm Technologies
Swarm.space is a pioneering startup that offers global connectivity solutions using ultra-small satellites. The company focuses on providing affordable and reliable satellite connectivity for Internet of Things (IoT) devices. IoT devices are gadgets that connect to the internet to send and receive data, such as smart sensors, trackers, and meters. Swarm's unique selling point is its ability to offer low-cost, global data coverage, making it possible for IoT devices to operate anywhere on Earth.
Swarm serves a diverse range of clients, including businesses in agriculture, logistics, environmental monitoring, and remote infrastructure management. These clients require constant and reliable data transmission from their IoT devices, often in remote or underserved areas where traditional connectivity options are either unavailable or too expensive.
Operating in the satellite communications market, Swarm has carved out a niche by designing and building all its hardware, software, and communication protocols in-house. This vertical integration means Swarm controls the entire manufacturing process, ensuring high-quality service and devices. The company's satellites are uniquely small, measuring just 11 x 11 x 2.8 cm, which significantly reduces launch costs. These savings are then passed on to customers, making Swarm's services highly cost-effective.
Swarm's business model revolves around providing low-bandwidth satellite connectivity at a fixed rate of $5 per month per device. This subscription-based model ensures a steady revenue stream while offering clients a predictable and affordable pricing structure. The satellites orbit at altitudes between 450 and 550 kilometers, forming a constellation that provides full global coverage. This setup ensures that IoT devices can maintain connectivity regardless of their location.
In summary, Swarm.space is revolutionizing the IoT connectivity market with its low-cost, global satellite solutions. By leveraging small, cost-efficient satellites and a vertically integrated production process, Swarm offers unparalleled value to its clients.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2016
- Headquarters
- Mountain View, United States
- Employees
- 23
- Open positions
- None listed
- Dealroom signal
- 91.4/100
- Sector
- Space, Aerospace, Communications Infrastructure, Mechanical Solutions, Space Tech, Satellites, Communication and Connectivity Satellites, Space Tech for Agriculture and Food, Space Tech for Maritime, Space Tech for Mobility, Space Tech for Energy
- Technology
- Deep Tech, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Sep 2021 | $0 | — | SpaceX | xAI | — |
| SERIES AOther financing | Jan 2020 | $25M | $100M | Sky Dayton · Craft Ventures · Kingsley Advani · Social Capital | — |
Growth signals
Latest recorded traffic for Swarm Technologies is 60 monthly website visits, down 90.6% over the last three months. Swarm Technologies's team grew 91.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Social Capital
US National Science Foundation
Series A7 investors entered at this stage
- SVSalus Ventures
Craft Ventures
NJF Capital
4DX Ventures
Sky Dayton
Kingsley Advani
Helios Capital ASIA
Other known investors1 additional known investor
SpaceX | xAI
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Swarm Technologies on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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