Swiftly

Swiftly

Retail tech platform with analytics

Overview

Swiftly provides a technology platform for retailers, both brick-and-mortar and online, to compete with large players by connecting retailers with customers throughout the shopping experience. Its mobile solutions support in-store and online purchases, and the platform uses first-party data and analytics to help businesses personalize offers and understand customer behavior and lifetime value. The company targets the growing retail media revenue market by providing insights and tools that enable retailers to monetize audiences through retail media. Swiftly differentiates itself by offering a data-driven, platform-wide approach that combines customer connection tools, analytics, and revenue-sharing opportunities rather than relying on a single channel. Its goal is to help retailers grow revenue and compete effectively in the retail and e-commerce landscape, backed by a significant funding round that values the company at over $1 billion.

About Swiftly

Simplify's Rating
Why Swiftly is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consumer Software

Enterprise Software

Company Size

51-200

Company Stage

Series C

Total Funding

$215.6M

Headquarters

Millbrae, California

Founded

2017

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Simplify's Take

What believers are saying

  • July 2026 $100 million Series C from BRV Capital pushed valuation above $1 billion.
  • MDI began phased 2026 rollout to 600+ independent grocers using Swiftly's SmartCircular and Audience Optimizer.
  • Giant Eagle, ExtraMile, and Vroom Delivery expanded Swiftly's alcohol cashback footprint in 2026.

What critics are saying

  • Alcohol cashback depends on volatile state rules; one enforcement change kills category economics.
  • Swiftly's 2025 Ko retaliation suit exposed executive-governance weakness and remains a reputational scar.
  • Retailers like Key Food, MDI, and Giant Eagle can internalize these tools or switch vendors by 2027.

What makes Swiftly unique

  • Swiftly bundles websites, SmartCircular, Audience Optimizer, and Alcohol Cashback into one retailer stack.
  • Its closed-loop measurement ties ads to transaction data across digital, mobile, and stores.
  • Alcohol Cashback handles supplier-funded rebates and state compliance inside retailer apps.

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Funding

Total Funding

$215.6M

Above

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$100M
Swiftly

Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

-1%
National Association of Convenience Stores
Jun 18th, 2026
Vroom Delivery and Swiftly partner for Alcohol Cashback program.

Vroom Delivery and Swiftly partner for Alcohol Cashback program. The partnership will bring manufacturer-funded alcohol rebates to c-stores. Jun 18, 2026 Vroom Delivery has partnered with Swiftly to bring its alcohol cashback program to Vroom Delivery's network of thousands of convenience stores across the United States, according to a joint press release from the companies. The partnership enables participating retailers to offer manufacturer-funded digital alcohol rebates directly through their online ordering experience. According to the release, when customers place an online order through a retailer powered by Vroom Delivery, they will be notified of cashback offers directly on each eligible product. Customers will then receive rebates near-instantly, with cash-out options of Venmo or PayPal upon order completion. Participating manufacturers also have the option to feature products within retailers' online storefronts. The new cashback program will be automatically available to retailers participating in Vroom Delivery's Retail Media platform and requires no additional implementation or setup. "We're excited to partner with Swiftly to bring this capability to our retail partners," said John Nelson, CEO of Vroom Delivery. "Alcohol rebates have traditionally been difficult for customers to redeem, which limits participation and reduces their impact. By making the process significantly easier, retailers can drive additional sales, manufacturers can increase product visibility, and customers can save money at a time when value remains top-of-mind." Ryan Moore, vice president of alcohol sales and operations at Swiftly, added: "Swiftly's Alcohol Cashback was designed to help retailers and brands modernize how alcohol promotions are delivered, redeemed and measured within a highly regulated industry. Through our partnership with Vroom Delivery, convenience retailers can now offer a more seamless digital cashback experience directly within the online shopping journey, helping drive shopper engagement, incremental sales, and stronger brand visibility." In the last year, large retailers including Circle K, 7-Eleven, Cumberland Farms and ExtraMile implemented Swiftly's digital alcohol cashback program. Beer Liquor Wine Promotions

Veryfi
Jun 11th, 2026
From Bybe to Swiftly: Scaling Receipt Processing for Alcohol Cashback with Veryfi

From Bybe to Swiftly: scaling receipt processing for alcohol cashback with Veryfi. Summarize with: This case study looks at how Bybe, a cashback rebate app for beer, wine, and spirits, used Veryfi to process nearly 800,000 receipts with a 99.44% accuracy rate. When Bybe was acquired by Swiftly, the integration carried over and expanded into new retail campaigns. Swiftly is a retail technology platform that connects retailers, wholesalers, and CPG brands with their shoppers. Their platform runs across 33,000+ stores and reaches 12 million shoppers nationally. The core of what they do is help retailers turn shopper data into personalized promotions, loyalty programs, and closed-loop marketing campaigns. Bybe was a cashback rebate app focused on beer, wine, and spirits. Shoppers could earn rebates on alcohol purchases at local retailers by uploading their receipts. Simple idea, but the execution depended entirely on one thing working well: reading those receipts accurately, every time. Swiftly acquired Bybe and now runs similar campaigns under the Swiftly platform, including a partnership with Circle K. A receipt from a liquor store is not a clean document. Some are printed on thermal paper that smears. Others are crumpled, faded, or photographed at an angle in bad lighting. No two retailers format their receipts the same way. Bybe needed software that was actually trained on receipts, not repurposed from document scanning. That's where the Bybe-Veryfi partnership began: building a direct integration around Veryfi's Receipt OCR API to make accurate, automated receipt processing the foundation of the cashback experience. What the numbers looked like for Bybe. Over the life of the partnership, Veryfi helped Bybe process 776,014 receipts. That's close to 800,000 real submissions from shoppers claiming cashback on everyday purchases. Of those, 4,350 came back flagged as too blurry to process accurately. That's a rejection rate of 0.56%. The other 99.44% were extracted and processed cleanly, giving Bybe's system the structured data it needed to validate purchases and issue rebates. No manual review queue. No human approvals sitting between a shopper and their cashback. Receipts went in, data came out. Swiftly picks up where Bybe left off. When Swiftly acquired Bybe, they kept the Veryfi integration and expanded it into their own campaigns. The 2026 numbers for Swiftly's current work reflect a platform that's still growing: * 3,547 documents processed * Average processing time of 2.6 seconds (median 2.1 seconds) * 24.5 days of manual work saved * 11,278 line items extracted * 1,707 duplicate submissions caught That last number is worth paying attention to. Duplicate detection is powered by Veryfi's Fraud Detection and Prevention technology. In cashback programs, people try to submit the same receipt more than once. Catching 1,707 of those in a single campaign window protects the economics of the whole program. Why speed matters in this context. Processing time is a familiar part of the cashback experience. A shopper who uploads a receipt and waits 30 seconds does not know if it worked. A shopper who gets near-instant confirmation feels rewarded. That feeling is what keeps people coming back. Veryfi's models run at sub-3-second speeds because they were built specifically for receipts, not adapted from a general-purpose tool. Line-item extraction pulls individual product data rather than just totals, so reward validation can be exact. And because nothing sits in a human review queue, there are no delays between submission and confirmation. What comes next. Swiftly is still expanding their retail partnerships and campaigns, and the Veryfi integration is built to scale with them. Receipt extraction is the foundation, but it's not the ceiling. As Swiftly takes on more retail partners and more campaign types, they have access to a broader set of Veryfi capabilities that go beyond basic extraction. Fraud detection and document integrity checks can flag altered receipts and suspicious submissions before they hit the rewards queue. Line-item data at the SKU level opens up more precise validation not just did they buy alcohol, but which brand, which size, at which retailer. If you're building cashback, loyalty, or rewards workflows that depend on receipt accuracy contact Veryfi, Inc. today!

Business Wire
May 5th, 2026
Swiftly partners with Vistar Media to augment its omnichannel reach with digital out of home.

Swiftly partners with Vistar Media to augment its omnichannel reach with digital out of home. New collaboration integrates Vistar's programmatic DOOH with Swiftly's retail media platform, enabling retailers and brands to target and influence shoppers across digital and physical environments and measure real-world sales SEATTLE-(BUSINESS WIRE)-Swiftly, a leading retail technology platform, today announced a strategic partnership with Vistar Media, the programmatic leader in digital out-of-home (DOOH) advertising. The collaboration expands Swiftly's omnichannel capabilities, offering retailers and CPG brands a powerful new way to reach shoppers across digital, mobile, and physical environments while measuring how advertising influences real-world purchases. As retail media continues to grow, brands are looking for ways to connect with shoppers closer to the point of sale and prove that their campaigns drive actual revenue. By combining Swiftly's digital media platform with Vistar's programmatic DOOH network, the partnership allows advertisers to run coordinated campaigns across digital and physical touchpoints, helping brands stay connected with shoppers throughout the path to purchase. Vistar Media operates the largest independent DOOH marketplace in the U.S., with access to more than 1.1 million screens including digital billboards at transit stations, airports, shopping mall screens, and major in-store media aggregators in the grocery and convenience retail locations. Through the integration, campaigns activated through Swiftly's retail media platform and Audience Optimizer(TM) can extend to these screens using the same audience targeting and campaign controls used for digital retail media, allowing brands to reach high-intent shoppers across multiple environments from a single campaign. Following each campaign, Swiftly measures performance using retailer-provided transaction data to show how media exposure influences in-store purchases. This closed-loop measurement gives brands and retailers a clearer view of return on ad spend and helps validate the effectiveness of omnichannel retail media campaigns. "Retailers and CPGs want retail media to deliver more than impressions. They want proof that campaigns drive sales," said Rob Foley, SVP of Partnerships at Swiftly. "By integrating Vistar's DOOH network with Swiftly's retail media platform, we can help advertisers reach shoppers at key moments along the path to purchase and connect those impressions directly to store transactions. This gives both retailers and brands greater confidence in where they invest their media dollars." The integration also gives retailers the ability to expand their retail media offerings without adding new systems or complexity. Campaigns can be targeted to specific stores, regions, or shopper audiences, allowing brands to reach consumers during the critical decision-making stage while creating new revenue opportunities for retailers through additional media inventory. "At Vistar, our mission is to help brands and retailers harness the power of out-of-home in smarter, data-driven ways," said Dave Rivera, VP, Channel Partnerships, Vistar Media. "By partnering with Swiftly, we're bringing the scale and precision of DOOH directly into the retail media ecosystem, empowering CPG marketers to extend the impact of their campaigns all the way to the shelf." The new capability is live and available today. Retailers and brands can immediately begin incorporating DOOH into Swiftly-powered retail media campaigns, adding a high-impact channel that complements digital circulars, loyalty promotions, and in-app advertising. By extending retail media beyond owned digital properties and into the physical world, Swiftly continues to help retailers compete with larger chains while giving brands more effective ways to reach shoppers and drive measurable growth. About Swiftly Swiftly is a leading provider of technology and retail media and technology solutions for retailers worldwide. Founded in 2018, Swiftly empowers brick-and-mortar retailers to build stronger relationships with their shoppers and the brands they carry. With its digital suite, Business Wire, Inc. provide retailers with the technology that engages and delights their shoppers, while enabling brands to reach those shoppers with the personalized content that drives purchases. Trusted by hundreds of iconic brands, Swiftly is leveling the retail playing field and giving retailers the tools they need to compete in today's crowded marketplace. For more information, please visit www.swiftly.com About Vistar Media Vistar Media is the home of out-of-home (OOH). Business Wire, Inc. provide brands, marketers and media owners with the world's first truly intelligent platform for buying and selling OOH media - from dynamic, programmatic digital screens to high-impact traditional placements. By unifying the entire DOOH ecosystem, Vistar enables brands to capture a better kind of attention, reaching audiences with precision at scale through data-driven targeting and measurable results. As the industry's largest marketplace for OOH transactions, Vistar offers a full suite of cutting-edge solutions, including a demand-side platform (DSP), supply-side platform (SSP), ad server, player, device management system and traditional OOH planning software. Headquartered in New York and operating in over 35 global markets, Vistar is shaping the future of OOH - pioneering innovation and setting the standard for excellence. Vistar Media is part of T-Mobile Advertising Solutions. Learn more at www.vistarmedia.com More News From Swiftly SEATTLE-( BUSINESS WIRE )-Swiftly, a leading provider of retail technology and tools, today announced a new partnership with Merchants Distributors (MDI), a leading wholesale grocery distributor, to enhance digital capabilities for their network of independent retailers. Through the partnership, Swiftly will power best-in-class web, digital circular, and offsite digital circular amplification. In addition, MDI will leverage Swiftly's newly launched SmartCircular(TM) solution, enabling its retailer... SEATTLE-( BUSINESS WIRE )-Swiftly, a leading provider of retail technology and retail media solutions, today announced a partnership with Giant Eagle, one of the nation's largest food and pharmacy retailers, to bring Swiftly's industry-leading Alcohol Cashback program to market. The collaboration marks a significant step forward in modernizing alcohol promotions and creating expanded opportunities for growth across the retail value chain. Giant Eagle selected Swiftly's Alcohol Cashback program... SEATTLE-( BUSINESS WIRE )-Swiftly(R), a leading retail technology platform, today announced the launch of SmartCircular(TM), a new AI-powered digital circular experience that helps grocers turn their weekly circular into a measurable performance marketing channel. SmartCircular(TM) makes it easy to convert existing circular PDFs into an interactive shopper experience that drives engagement, builds the shopping list, and helps connect promotions to outcomes. The circular has long served as the commercia... Swiftly. Release Versions

The Shelby Report
Mar 9th, 2026
Swiftly, MDI Bringing Digital Circular, AI Targeting To Independent Grocers

Swiftly, MDI bringing digital circular, AI targeting to independent grocers. Share via: Swiftly has partnered with Merchants Distributors (MDI), a Hickory, N.C.-based wholesale grocery distributor, to expand digital capabilities across MDI's network of more than 600 independent retailers in the Southeast. Under the agreement, MDI retailers will gain access to three Swiftly products - a modern retail website platform, SmartCircular for digitizing the weekly circular experience and Audience Optimizer, an AI-powered tool for targeting product offers across digital channels. The rollout begins in early 2026 with phased deployments. Modernizing weekly circular. SmartCircular is designed to connect weekly promotions more to shopper behavior and in-store results. For independent grocers that may not yet have a full e-commerce operation, Swiftly's web and circular tools offer an entry point into digital retail without requiring a platform overhaul. Mary Kellmanson, SVP of marketing at MDI, said the partnership addresses both ends of the digital spectrum among its retailer base. "Swiftly's website and digital circular capabilities allow us to offer a modern digital presence for retailers who may not have e-commerce, while seamlessly integrating with existing ecommerce platforms where applicable," Kellmanson said. "Just as importantly, this partnership expands our digital toolkit in ways that support measurable sales growth inside the store." AI targeting for independent operators. Audience Optimizer uses first-party data and campaign measurement to help retailers identify lapsed shoppers, increase trip frequency and drive incremental basket growth. The tool is designed to slot into MDI's marketing portfolio rather than replace it. Swiftly CFO Keith Kirk said the platform was built with the operational realities of independent grocers in mind. "As independent grocers navigate a rapidly evolving digital landscape, having the right mix of foundational tools and targeted capabilities is essential," Kirk said. "We're proud to support MDI and its retailers with flexible technology that strengthens their digital presence and helps translate shopper engagement into meaningful store results." For more merchant Distributors news, view our merchant Distributors news page. The Shelby Report delivers complete grocery news and supermarket insights nationwide through the distribution of five monthly regional print and digital editions. Serving the retail food trade since 1967,... More by Shelby Team Your email address will not be published. Required fields are marked *

Yahoo Finance
Mar 9th, 2026
Swiftly partners with MDI to bring SmartCircular and AI-powered tools to independent grocers

Swiftly, a retail technology provider, has partnered with Merchants Distributors (MDI), a wholesale grocery distributor, to enhance digital capabilities for MDI's network of independent retailers. The partnership will provide best-in-class web, digital circular and offsite digital circular amplification services. MDI retailers will gain access to Swiftly's SmartCircular solution to modernise weekly circular experiences and connect promotions to shopper engagement. They will also use Audience Optimizer, an AI-powered tool that enables targeted product offers across digital channels using first-party data and campaign measurement. The integrated platform aims to help independent grocers build omnichannel strategies by connecting digital engagement to in-store performance, supporting measurable sales growth whilst strengthening customer experience for retailers with or without existing e-commerce platforms.

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