Swiftly®, a Seattle, Washington-based provider of retail technology solutions that enable retailers to offer an enhanced customer experience, capture digital advertising dollars and build customer loyalty, announced a $100 million Series B funding. This latest round of funding brings the company's total investment to $120 million.
The round was led by Wormhole Capital, with participation from Liquid2 Ventures, Bramalea, Gaingels, Silicon Ventures, Proof VC, Western Technology Investment, Sand Hill Angels, and The Martin Family.
With this funding Swiftly will continue its rapid growth including adding staff and resources across all company vertices, including engineering, sales, marketing, and customer onboarding. In addition, Swiftly will continue to make further investments to grow the product offering to serve more retailers, brands, and their customers.
Company: Swiftly Systems Inc.
Raised: $100.0M
Round: Series B
Funding Month: March 2022
Lead Investors: Wormhole Capital
Additional Investors: Liquid2 Ventures, Bramalea, Gaingels, Silicon Ventures, Proof VC, Western Technology Investment, Sand Hill Angels, and The Martin Family
Company Website: https://www.swiftly.com/
Software Category: Retail technology solutions
About the Company: Swiftly is an innovative technology platform that delivers turn-key solutions to retailers nationwide. The suite of Swiftly® tools, platforms, and retail media offerings empower retailers to grow sales and build loyalty. Swiftly’s technology harnesses the power of AI to help retailers build strong digital relationships with customers and deliver amazing sales results. Swiftly powered Retail Media Networks enable leading brands to influence consumers across their shopping journey and provide the closed-loop reporting that drives high-performing advertising campaigns.
Source: https://www.businesswire.com/news/home/20220308005200/en/Swiftly-Systems-Inc.-Secures-100M-In-New-Funding-to-Deliver-Digitally-Connected-Shopping-Experiences-for-Brick-and-Mortar-Retailers