S
Swyft
Transportation · Toronto, Canada · Founded 2020
Enables affordable, scalable, and seamless same and next-day delivery MoreLess
Swyft Network is a cutting-edge logistics startup that provides a seamless solution for last-mile delivery, which is the final step of the delivery process from a distribution center to the end customer. The company operates in the logistics and e-commerce market, focusing on retailers who need to offer fast and reliable delivery services to their customers.
Swyft connects retailers to a nationwide network of professional couriers through a single integration, either via API (a set of tools that allows different software applications to communicate) or through native integrations with Transportation Management Systems (TMS) and e-commerce platforms. This allows retailers to offer guaranteed one-day delivery at ground shipping rates, which is a significant competitive advantage.
The company serves a wide range of clients, primarily e-commerce businesses and retailers who need to meet the high expectations of modern shoppers for quick and reliable delivery. By joining the Swyft network, these businesses can expand their delivery capabilities to major cities across the US and Canada without the need for multiple integrations or complex logistics setups.
Swyft's business model is based on providing a platform that integrates with existing systems to streamline the shipping process. Retailers can manage their deliveries through Swyft's platform, ensuring accuracy and data integrity, which reduces the risk of failed deliveries. The platform also offers faster payment processing, allowing businesses to get paid before even receiving the invoice.
Swyft makes money by charging fees for its integration services and possibly taking a cut from each delivery processed through its network. The company also offers mid-mile services in select lanes, adding another revenue stream.
In summary, Swyft Network is revolutionizing the last-mile delivery market by offering a seamless, integrated solution that guarantees one-day delivery at competitive rates. This makes it an attractive option for retailers looking to enhance their delivery capabilities and meet customer expectations.
Keywords: logistics, last-mile delivery, e-commerce, API integration, TMS, couriers, one-day shipping, US, Canada, retailers.
Company overview
Swyft company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Toronto, Canada
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 70.7
Valuation & funding
Swyft funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Apr 2021 | $16M | $65M | Trucks Venture Capital · Inovia Capital · Shopify · Forerunner Ventures | ↗ |
| SEEDEquity / VC | Apr 2020 | $300K | $1.2M | Undisclosed | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $3.1M | 0% | 4 |
| 2025 | $3.1M | 0% | 3 |
| 2024 | $3.1M | 0% | 5 |
| 2023 | $3.1M | 0% | 11 |
| 2022 | $3.1M | +14.8% | 33 |
| 2021 | $2.7M | — | 40 |
| 2020 | — | — | 19 |
Growth signals
Swyft website traffic
Latest recorded traffic for Swyft is 43K monthly website visits, up 2.4% over the last three months. Swyft's team grew 33.3% over the past year.
Comparisons
Swyft compared with similar companies
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Talent graph
Swyft's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Swyft has talent and traffic
team presence
In the news
Latest news about Swyft
Recent press, funding announcements, and product moves mentioning Swyft — open to read from the original sources.
Market sentiment
What the market is saying about Swyft
An AI-synthesized read of the highest-engagement posts about Swyft 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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