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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.
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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Total Funding
$215.6M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Remote Work Options
Flexible Work Hours
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!
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 *
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.
Swiftly and MDI team to help independent grocers go digital. Partnership introduces modern website, SmartCircular and Audience Optimizer solutions to support targeted offers and revenue growth across the MDI network of Independent Grocers March 9, 2026. 9:12 AM SEATTLE - Swiftly, a leading provider of retail technology and tools, has announced a new partnership with Merchants Distributors (MDI), a major wholesale grocery distributor, to strengthen digital capabilities across MDI's network of independent retailers. Through this partnership, Swiftly will provide best-in-class web capabilities, digital circulars, and expanded offsite digital circular amplification. MDI will also adopt Swiftly's newly launched SmartCircular solution, empowering its retailers to modernize the weekly circular experience and more effectively link promotions to shopper engagement and in-store results. Together, Swiftly's platform - along with its Audience Optimizer and SmartCircular solutions - delivers practical, scalable technology that enhances shopper engagement and strengthens store performance across MDI's retail network. "MDI is focused on providing our retailers with solutions that are both innovative and practical," said Mary Kellmanson, SVP Marketing at MDI. "Swiftly's website and digital circular capabilities allow us to offer a modern digital presence for retailers who may not have ecommerce, while seamlessly integrating with existing ecommerce platforms where applicable. Just as importantly, this partnership expands our digital toolkit in ways that support measurable sales growth inside the store." As consumer shopping behaviors continue to straddle both digital and physical touchpoints, building a true omnichannel strategy has become essential for regional and independent grocers. By powering the retailer's web platform, digital circular and circular advertising under one system, Swiftly enables retailers to accelerate their journey to digital maturity. This integrated approach helps surface more relevant deals, reach more shoppers across channels, and close the loop with measurable sales results, creating a unified digital foundation that strengthens both customer experience and store performance. As part of the partnership, MDI retailers will gain access to Swiftly's Audience Optimizer(TM), an AI-powered solution that enables targeting product offers across digital channels. Audience Optimizer(TM) will function as an additional tool within MDI's marketing portfolio, helping retailers deliver relevant promotions, improve offer deployment, and drive incremental basket growth. By leveraging first-party data and campaign measurement, Audience Optimizer(TM) supports retailers in identifying opportunities to increase trip frequency, reactivate lapsed shoppers, and generate incremental in-store revenue. The solution complements MDI's broader omnichannel efforts, connecting digital engagement more directly to store performance. "As independent grocers navigate a rapidly evolving digital landscape, having the right mix of foundational tools and targeted capabilities is essential," said Keith Kirk, chief financial officer at Swiftly. "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." The rollout will begin in early 2026 with phased deployments across websites, SmartCircular, and Audience Optimizer solutions. The initiative is designed to provide MDI retailers with a scalable digital foundation, one that supports shopper connection, operational simplicity, and long-term revenue growth.
Swiftly has launched SmartCircular, an AI-powered platform that transforms traditional grocery circulars into interactive digital experiences. The technology converts existing PDF circulars into clickable formats within minutes, allowing shoppers to browse deals, add items to shopping lists and plan trips digitally. The platform addresses growing shopper expectations for personalised promotions whilst providing retailers with real-time engagement data and promotion performance insights. SmartCircular enables retailers to make quick updates, maintain control over customer relationships and measure which deals drive traffic and sales. When paired with Swiftly's Audience Optimizer, the system creates a closed-loop performance marketing channel linking promotions to media activation and basket-level measurement. Save a Lot is amongst early adopters. Founded in 2018, Swiftly serves over 70 retail partners and hundreds of brands with its retail technology platform.
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Industries
Data & Analytics
Consumer Software
Enterprise Software
Company Size
51-200
Company Stage
Series C
Total Funding
$215.6M
Headquarters
Millbrae, California
Founded
2017
Find jobs on Simplify and start your career today