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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
client focusb2bsub industryLogistics & Deliverybusiness modelSaaSindustryTransportation

Valuation & funding

Swyft funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Apr 2021 $16M $65M Trucks Venture Capital · Inovia Capital · Shopify · Forerunner Ventures
SEEDEquity / VC Apr 2020 $300K $1.2M Undisclosed
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
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
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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%
Monthly website visits66 observations · Dec 2020–Jul 2026
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Comparisons

Swyft 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.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Swyft's talent

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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.

Investors

6 investors on Swyft's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 4 investors entered at this stage
Inovia Capital
Forerunner Ventures
Trucks Venture Capital
Shopify
Other known 2 additional known investors
Panache Ventures
Shopify Ventures

Global footprint

Where Swyft has talent and traffic

Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

In the news

Latest news about Swyft

Recent press, funding announcements, and product moves mentioning Swyft — open to read from the original sources.

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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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