S
Swing
South Korean electric scooter and micromobility startup
About Swing
The Swing is a South Korean mobility company that operates a comprehensive platform for urban transportation. The company provides a range of services, primarily focused on micro-mobility, including the rental of electric kickboards and electric bicycles. With a significant fleet of vehicles, The Swing has established a large-scale network, making it one of the major players in the South Korean market.
In addition to its micro-mobility offerings, the company has expanded its services to include taxi-hailing, integrating different modes of transportation into a single application. This multi-modal approach allows users to choose the most convenient option for their journey, from short-distance rides on a kickboard to longer trips in a taxi. The company's business model is based on a pay-per-use system for its shared vehicles and likely a commission-based fee for its taxi-hailing service. The Swing targets a broad customer base of urban commuters and residents who require flexible and on-demand transportation solutions.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Seoul, South Korea
- Employees
- 39
- Open positions
- None listed
- Dealroom signal
- 76.4/100
- Industry
- Transportation
- Sub-industry
- Mobility
- Sector
- Transportation, E-Scooters, Micromobility, Sustainable Development Goals, Urban Tech, Climate Tech, Electric Mobility, EV Services, horizontal marketplaces
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 2 companies, latest Jan 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Feb 2022 | $25M | $101M | SmileGate Investment · White Star Capital · M/C Partners · #Hashed | ↗ |
| SERIES A✓Equity / VC | Apr 2021 | $6.3M | $25M | Primer · Humax Holdings · #Hashed · M Capital Partners | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Swing is 41K monthly website visits, down 18% over the last three months. Swing's team grew 0% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Reverse Lab CoSeoul, South KoreaHelping people find new value in things that are not valued by society
$11Mvaluation
TA
TagogayoSouth KoreaVan and private car booking platform
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A9 investors entered at this stage
Primer
Humax Holdings
#Hashed
M Capital Partners- BLBDC Labs
White Star Capital
SmileGate Investment
M/C Partners- SEST Leaders Private Equity
Other known investors3 additional known investors
- DADraper Athena
Sazze Partners
Springcamp
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Swing 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
See Swing’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.