Swiftly

Swiftly

Technology platform for retail solutions

About

Swiftly provides technology solutions for retailers, helping them compete in the retail and e-commerce market. The platform connects retailers with customers through mobile solutions that enhance both in-store and online shopping experiences. By utilizing insights and first-party data, Swiftly enables businesses to access the retail media revenue market, which is worth $100 billion. The company also offers analytics services that give retailers a detailed understanding of customer behavior and spending habits, allowing for personalized offerings that improve customer satisfaction and increase revenue. With recent funding of $100 million, Swiftly aims to accelerate its growth and expand opportunities for retailers, positioning itself as a significant player in the retail industry.

Company Stage

N/A

Employees

51-200

Industries

Data & Analytics, Consumer Software

Total Funding

$209.7M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Swiftly's recent $100 million funding round and valuation over $1 billion highlight strong investor confidence and growth potential.
  • Partnerships with major retailers like UNFI and Save A Lot demonstrate Swiftly's ability to scale and integrate its technology across extensive networks.
  • The launch of innovative programs like the Alcohol Cashback Program and strategic acquisitions bolster Swiftly's market position and service offerings.

What critics are saying

  • The highly competitive retail technology market requires Swiftly to continuously innovate to maintain its edge.
  • Integration challenges with new partners and acquisitions could pose operational risks.

What makes Swiftly unique

  • Swiftly's technology-first approach and focus on both brick-and-mortar and online retailers set it apart from competitors who may specialize in only one area.
  • The company's use of first-party data to tap into the $100 billion retail media revenue market provides a unique value proposition.
  • Swiftly's comprehensive analytics and insights services enable retailers to deeply understand customer behavior, which is a significant competitive advantage.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

5%

2 year growth

52%

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