Swiftly

Overview
News
Ecommerce Platforms?
Digital Retail Enhancement Platforms?
Product stageSegments
Early
?
E- Commerce Website solutions
?

Swiftly is a retail technology company that provides a suite of omnichannel tools and solutions to enable brick-and-mortar retailers to digitally transform their businesses and compete with ecommerce giants. Founded in 2018, the company offers innovative solutions such as retail tools, mobile platforms, analytics tools, and a retail media network. These solutions empower retailers to accelerate sales, build customer loyalty, and enable brands to reach more shoppers and amplify their marketing campaigns through the power of first-party data.

Swiftly's platform seamlessly connects retail customers through engaging and personalized digital shopping experiences with the brick-and-mortar store. It employs artificial intelligence to help retailers build strong digital relationships with customers and deliver enhanced sales results. The company's retail media network allows leading brands to influence consumers across their shopping journey and provides closed-loop reporting for high-performing advertising campaigns.

In March 2022, Swiftly raised USD 100 million in a Series B funding round, bringing its total investment to USD 120 million. As of September 2022, the company had raised USD 210 million in funding and achieved a valuation of over USD 1 billion, making it a unicorn. Swiftly's technology powers 22,500 retail stores in the US as of September 2022, with a 160% growth in these locations year-to-date.

Key customers and partnerships

In January 2023, Swiftly announced partnerships with Alliance Retail Group (ARG) and Skupos to accelerate the success of small-to-medium sized brick-and-mortar retailers (SMBs) by providing them access to Swiftly's platform. The partnerships enable Swiftly's network to reach over 25,000 stores nationwide, representing over 12% of the grocery and convenience store locations in the US.

In May 2024, United Natural Foods Inc. (UNFI) launched the UNFI Media Network (UMN), powered by Swiftly's technology platform. UMN aims to bring cutting-edge retail technology solutions to UNFI's extensive network of more than 30,000 retail customer locations and approximately 11,000 brand partners, helping them compete in an increasingly digital-first world.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Seattle WA USA
Founded year:
2018
Employees:
101-250
IPO status:
Private
Total funding:
USD 215.6 mn
Last Funding:
USD 100.0 mn (Series C; Sep 2022)
Last valuation:
USD 1.0 bn (Sep 2022)
Key competitors
 
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Company profile
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