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Swyft

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Enables affordable, scalable, and seamless same and next-day delivery

Toronto, CanadaFounded 2020Transportation
Valuation $50–100M Last recorded · 2021
Revenue $1–10M Latest reported FY
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 Swyft and the history behind them.

About Swyft

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Toronto, Canada
Employees
4
Open positions
None listed
Dealroom signal
70.7/100
Industry
Transportation
Sub-industry
Logistics & Delivery
Sector
Transportation
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Apr 2021 $16M $65M Trucks Venture Capital · Inovia Capital · Shopify · Forerunner Ventures ↗
SEEDEquity / VC Apr 2020 $300K $1.2M Undisclosed —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021 —
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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.

Latest monthly visits43K 3-month web change+2.4% 1-year team growth+33.3%
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

6 investors on the cap table

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

Series A4 investors entered at this stage

Other known investors2 additional known investors

  • Panache Ventures
  • Shopify Ventures
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Swyft 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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