HomeUSASwiftConnect Raises $37M in Series B Funding

SwiftConnect Raises $37M in Series B Funding

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SwiftConnect

SwiftConnect, a Stamford, Conn.-based access network for connecting people to the right place at the right time, closed a $37m Series B financing.

The round was led by Quadri Ventures, with participation from new investors HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. Returning investors included Crow Holdings, JLL Spark, Navitas Capital, Tanzola Corp., and Spring Rock Capital.

The company intends to use the funds to expanding its access network, scale operations, drive geographic expansion, and support new product initiatives.

Led by Co-CEOs Chip Kruger and Matt Kopel, SwiftConnect provides an access network allowing users to interact with places, spaces and things by ensuring a digital pass on phone, watch or anywhere it needs to be. Empowering connected access experiences for commercial real estate owners and enterprises across financial and professional services, life sciences, technology, and other organizations, the company’s platform integrates with existing mobile platforms, credential technologies, and business systems to provide authorized access to everything, everywhere through centralized access management.

SwiftConnect is live in hundreds of millions of square feet across multiple types of customers and vertical markets,  globally. The company’s current customer base represents a potential opportunity of over a billion square feet of office space and more than two million users.

The company has raised $74M in total funding to date.

FinSMEs

14/11/2024

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