S
Swyft
Enables affordable, scalable, and seamless same and next-day delivery
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 dataKnowledge graph
More headlines
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, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
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.
Series A4 investors entered at this stage
Inovia Capital
Forerunner Ventures
Trucks Venture Capital
Shopify
Other known investors2 additional known investors
Panache Ventures
Shopify Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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