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Swytch Technology

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Lightweight, universal electric bike conversion kits.

London, United KingdomFounded 2017Transportation
Valuation $0–100M Latest valuation · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Swytch Technology

Swytch Technology, founded in London in 2017 by engineers Oliver Montague and Dmitro Khroma, specializes in electric bike conversion kits designed to make cycling more accessible. Montague, an Oxford University engineering graduate, conceived the idea after experiencing the challenge of sourcing a universal, easy-to-install e-bike kit for his own small business. The company's first product, the Swytch Kit, was launched via an Indiegogo campaign that raised over $500,000, enabling the first shipment of 3,000 kits to 45 countries in 2018. The firm operates on a direct-to-consumer model, primarily through its website, utilizing a waitlist and pre-order system to manage high demand. This strategy has been successful, with the company selling over 100,000 kits across more than 100 countries. Swytch has secured a total of $10.3 million in funding over four rounds, with investors including Green Angel Ventures, SFC Capital, and OnePlanetCapital. This capital is being used to scale manufacturing, expand into US and European markets, and develop new retail partnerships. The core product is a pedal-assist system that includes a motorized front wheel hub, a handlebar-mounted power pack, and a pedal sensor. The 250W motor provides up to 40nm of torque, with a top speed regulated to 15 mph in the UK/EU and 20 mph in the US. Over the years, Swytch has released several iterations, including the lightweight AIR and MAX kits, which feature pocket-sized, flight-safe batteries, and the newer GO and MAX+ models. The latest MAX+ kit boasts a range of up to 60 miles, an integrated front light, and a USB-C charging port that allows the battery to function as a power bank. Keywords: electric bike conversion, e-bike kit, Swytch GO, Swytch MAX+, bicycle conversion, sustainable transport, Oliver Montague, Dmitro Khroma, direct-to-consumer, urban mobility, pedal assist, 250W hub motor, lightweight e-bike, removable battery, cycling technology, micromobility, London startup, cleantech, e-mobility, bike accessories, commuting solutions, upcycling bicycle

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
London, United Kingdom
Employees
31
Open positions
1
Dealroom signal
63.4/100
Industry
Transportation
Sub-industry
Vehicle Production
Sector
Transportation, Mobility, E-Bike, Micromobility, Sustainable Development Goals, Urban Tech, Climate Tech, Electric Mobility, EV Manufacturing, uk is8 advanced manufacturing
Technology
Hardware
Business model
Marketplace & ecommerce
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Swytch Technology.

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Dec 2025 $1.2M $46M Undisclosed
EARLY VCEquity / VC Nov 2023 $4.5M $46M Undisclosed
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Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Swytch Technology website traffic

Latest recorded traffic for Swytch Technology is 250K monthly website visits, up 31.6% over the last three months. Swytch Technology's team grew 10.7% over the past year.

Latest monthly visits250K 3-month web change+31.6% 1-year team growth+10.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

10 investors on the cap table

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

Seed4 investors entered at this stage

  • Green Angel Ventures
  • London Co-Investment Fund
  • Angels Den Funding
  • SFC Capital

Series A2 investors entered at this stage

  • One Planet Capital
  • Calyx Venture Fund

Other known investors4 additional known investors

  • Antoine Pradayrol
  • Next Wave Partners
  • Royal Academy of Engineering Enterprise Hub
  • Southern Angel Investors Club
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
3 countries with
team presence
🇬🇧 United Kingdom90%
🇦🇺 Australia5%
🇩🇪 Germany5%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Swytch Technology 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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