S
Swing
Transportation · Seoul, South Korea · Founded 2018
South Korean electric scooter and micromobility startup MoreLess
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.
Keywords: micro-mobility, electric kickboards, electric bicycles, ride-sharing, urban transportation, mobility platform, last-mile delivery, taxi-hailing, MaaS, South Korea
Company overview
Swing company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Seoul, South Korea
- Employees
- 39
- Open positions
- None listed
- Dealroom signal
- 76.4
- Investment activity
- 2 companies · latest Jan 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Swing 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 | — |
| SEEDEquity / VC | Jan 2019 | $225K | $900K | Undisclosed | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $1.5M | 0% | 41 |
| 2025 | $1.5M | 0% | 39 |
| 2024 | $1.5M | 0% | 36 |
| 2023 | $1.5M | +175.5% | 21 |
| 2022 | $530K | +100% | 13 |
| 2021 | $265K | — | 5 |
Growth signals
Swing website traffic
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.
Comparisons
Swing compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
Swing investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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$11Mvaluation
TA
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Talent graph
Swing's talent
Source: Dealroom Talent Intelligence.
Investors
12 investors on Swing's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Swing has talent and traffic
team presence
In the news
Latest news about Swing
Recent press, funding announcements, and product moves mentioning Swing — open to read from the original sources.
Market sentiment
What the market is saying about Swing
An AI-synthesized read of the highest-engagement posts about Swing on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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