Tech Company Financing Transactions
Swiftly Retail Funding Round
Swiftly Retail, operating out of Millbrae, secured $100 million in funding from Wormhole Capital, Bramalea Partners and Gaingels.
Transaction Overview
Company Name
Announced On
3/8/2022
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series B
Investors
Proceeds Purpose
the new capital will be used to expand into new verticals outside of grocery retail, for example, beauty, home improvement and sporting goods.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
475 El Camino Real
Millbrae, CA 94030
USA
Millbrae, CA 94030
USA
Phone
Undisclosed
Website
Email Address
Overview
Swiftly provides the operating system for retailers. Swiftly is a technology platform for supermarkets that takes the friction out of grocery shopping and brings the advantages of e-commerce to brick and mortar stores, enabling supermarkets to beat online retailers on price, convenience and selection.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Henry Kim
Chief Technical Officer
Sean Turner
VP - Engineering
Daniel Kim
Browse more venture capital transactions:
Prev: 3/8/2022: Glean Analytics venture capital transaction
Next: 3/8/2022: Dianthus venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs