Swiftly, a San Francisco, CA-based mobility operating system for cities, raised $10m in Series A funding.
Backers included Via ID, Aster Capital, Renewal Funds, Total Energy Ventures, Samsung NEXT, RATP Dev, Wind Capital, 1776, Plug and Play Group, Elemental Excelerator and Stanford StartX-Fund.
The company intends to use the funds to continue to expand operations and development efforts and its business reach.
Led by Jonathan Simkin, CEO, Michael Smith, CIO, and Will Dayton, CTO, Swiftly develops enterprise software to help transit agencies and cities improve urban mobility. Built by transportation experts for transportation professionals, the platform harnesses billions of data points and algorithms to improve transit system performance, service reliability, and real-time passenger information.
Swiftly now works with over 55 city transit networks — including MBTA in Boston, MDOT MTA in Baltimore, VIA Metropolitan Transit in San Antonio, Capital Metro in Austin, and VTA in Silicon Valley.
The company is also bringing the same scalable technologies to smaller cities, including every public transit agency across the state of Vermont, Lake Tahoe, Napa Valley, Lincoln County, and more.
FinSMEs
07/06/2019