Swoop

Swoop

Secure distributed operating system for edge computing

About Swoop

Simplify's Rating
Why Swoop is rated
A
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A+ on Differentiation

Industries

Consumer Software

AI & Machine Learning

Gaming

Company Size

11-50

Company Stage

Seed

Total Funding

$3.2M

Headquarters

Gardena, California

Founded

2011

Overview

Swoop develops a secure, distributed operating system that enables customers to effectively manage their data and create a programmable, autonomous edge. This edge refers to the point where digital processes interact with the physical world, involving various assets like chips and networking interfaces that form a distributed computing platform. Swoop's technology allows for more than just data analysis; it facilitates autonomous actions at the edge, enhancing the capabilities of critical infrastructure, smart grids, supply chains, and manufacturing. Unlike its competitors, Swoop focuses on unlocking the full potential of the edge by integrating advanced technology into existing systems in a way that is both rapid and cost-effective. The company's goal is to address significant challenges in various sectors by making these advancements accessible and practical.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for real-time data analytics boosts Swoop's cognitive data platform offerings.
  • Smart city initiatives create opportunities for Swoop's data-driven urban mobility solutions.
  • Swoop's focus on personalized transportation aligns with trends in customer preference analytics.

What critics are saying

  • Emerging transportation startups pose a threat to Swoop's market share with innovative solutions.
  • Reliance on real-time tracking exposes Swoop to potential technological disruptions.
  • Economic downturns could negatively impact Swoop's group transportation business.

What makes Swoop unique

  • Swoop leverages advanced technology for real-time tracking and enhanced transportation services.
  • The company offers flexible, tailor-made solutions for corporate and private transportation needs.
  • Swoop's Moovs platform modernizes operations for small and medium transportation businesses.

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Funding

Total Funding

$3.2M

Meets

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Meet Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$3.2M
Swoop

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

15%

2 year growth

0%
PRLog
Jun 1st, 2024
How Swoop Is Transforming Private School Transportation With Advanced Technology And Management Services

Swoop Private School Transportation ServiceLOS ANGELES - May 31, 2024 - PRLog -- Swoop is known as the premier choice for private school transportation, prioritizing safety, reliability, and comfort. Discover how this transportation company achieved its number one position below:1. Safety FirstSwoop ensures students travel safely from their doorstep to school and back home. The commitment to safety extends to the selection and training of drivers, ensuring they are well-prepared for any situation on the road.2. Technology IntegrationSwoop leverages advanced technology to enhance its services. Real-time tracking mobile apps provide an added layer of communication and security, allowing parents and school administrators to track vehicles in real-time.3

PR Newswire
Mar 20th, 2024
Leading The Way: Swoop Named Provider Of Choice For Employee Shuttling By Fortune 500 Renowned Technology Companies

LOS ANGELES, March 20, 2024 /PRNewswire/ -- Swoop Inc. the leading group transportation service provider, is proud to announce its recent success in providing best-in-class employee shuttling services to renowned technology and Fortune 500 companies across the Los Angeles, San Francisco, Seattle and New York metropolitan areas. The company is transforming the daily commute for businesses across diverse sectors including tech, gaming, aerospace, retail, and media.As more companies request employees back to the office, Swoop's continued commitment to excellence in ground transportation has solidified its position as a preferred choice for corporate commute solutions in 2024."We've been working with Swoop for the last year and I currently manage the program for Illumina. We have daily employee shuttles from Bart Station/Caltrains as well as intercampus shuttles from multiple buildings. I would recommend them to any company that is looking for a scalable ground transportation program.Their customer service is unmatched, they are extremely flexible when we have last-minute needs, and they only use quality and efficient vehicles for all our routes." -Tania S. from Illumina, Inc.Flexible, Tailor-made SolutionsSwoop scales with your specific needs

PRLog
Aug 28th, 2023
El Segundo Little League World Series Champions To Receive Vip Transportation Courtesy Of Swoop Inc

Swoop Little League Baseball CelebrationSwoop Transportation Service for EventsEL SEGUNDO, Calif. - Aug. 28, 2023 - PRLog -- The triumphant El Segundo Little League team, freshly crowned champions of the 2023 Little League World Series, is set to return home in style on August 28th, thanks to the generous support of Swoop Inc. Founded by community-minded entrepreneurs Amir Ghorbani and Pete Evenson, who grew up in El Segundo, Swoop Inc. is deeply honored and immensely proud of El Segundo's championship victory.In a thrilling championship showdown against Curaçao, El Segundo secured California's championship win with a nail-biting 6-5 score. California initially took a 2-0 lead in the first inning and held onto it for most of the match

PRLog
Aug 23rd, 2023
Swoop Inc. And The City Of El Segundo Unveil El Segundo Connect: A Bold Leap In Community Transportation Innovation

Swoop Transportation El Segundo Connect. EL SEGUNDO, Calif. - Aug. 23, 2023 - PRLog -- Swoop Inc., a leading transportation technology company, is thrilled to announce the launch of the El Segundo Connect pilot transportation program, scheduled to run from August 23 to November 15. This innovative transportation program is designed to provide reliable and safe transportation to the community of El Segundo, seamlessly linking residents and visitors to nearby restaurants, athletics facilities, public transit, and the bustling business district.El Segundo Connect, powered by Swoop, will be a game-changer for the city, addressing the evolving mobility demands of its residents and contributing to a more connected and sustainable community. This program is a significant extension of the summer beach shuttle service Swoop has provided over the last several years

PRLog
Jan 5th, 2023
Parent Company, Swoop Inc., Announces Its Two Business Units - Moovs Software And Swoop Marketplace

LOS ANGELES - Jan. 5, 2023 - PRLog -- Swoop Inc. is a global transportation technology company based in Los Angeles, California.The company operates two businesses in the $250 billion private transportation space.The first is Moovs: an all-in-one platform that provides private transportation SMBs tools to run and grow their businesses. The platform replaces outdated operating systems at the fundamental level. Moovs provides payments, communication, driver payroll, sales automations, CRM, driver tracking, marketing and more revolutionizing the outdated global systems.The second is Swoop Marketplace: a global private transportation booking platform that provides safe, reliable and cost efficient transportation for fortune 500 companies, government entities, educational institutions, event venues, as well as organizations and individuals.To streamline and drive clarity, these two separate fast-growing businesses will now live under Swoop Inc."Our company has been growing fast the last year and it's time to enhance our strong foundation with clean, transparent branding. Our corporate structure is not changing; just the naming." - Amir Ghorbani, Co-Founder and CEO.For existing customers, this announcement does not change or require anything

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