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Swiftly Systems, Inc. Secures $100M In New Funding To Deliver Digitally Connected Shopping Experiences For Brick-And-Mortar Retailers

Mar 08, 2022•over 3 years ago

Amount Raised

$100 Million

San FranciscoSoftware

Description

Swiftly®, a provider of retail technology solutions that enable retailers to offer an enhanced customer experience, capture digital advertising dollars and build customer loyalty, today announced a $100 million Series B funding round led by Wormhole Capital. The round also includes investment from Liquid2 Ventures, Bramalea, Gaingels, Silicon Ventures, Proof VC, Western Technology Investment, Sand Hill Angels and The Martin Family. This latest round of funding brings the company's total investment to $120 million.

Company Information

Company

Swiftly

Location

San Francisco, California, United States

About

Swiftly is the leading transit data platform for agencies to share real-time passenger information, manage day-to-day operations, and improve service performance. Today, over 160 transit agencies in 10 countries—including LA Metro, MARTA, SEPTA, and MBTA—rely on Swiftly to improve on-time performance by up to 40%, increase passenger information accuracy by up to 50%, and analyze transit data 90% faster. The result is better service reliability, increased ridership, and more efficient transit operations.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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