Tech Company Financing Transactions
CitySwift Funding Round
ACT Venture Capital, Enterprise Ireland and private investors joined a $5 million Series A funding round for CitySwift. This VC investment round closed on 10/18/2022.
Transaction Overview
Company Name
Announced On
10/18/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
ACT Venture Capital (Lead Investor)
private investors (Mike McGearty)
Proceeds Purpose
This new era of CitySwift is one where we are focused on preparing our partners for a greener, cleaner future of mobility, by matching supply and demand across their networks now. CitySwift strongly believes the future is bright for public transport, and mobility intelligence is the key that will unlock attractive, efficient, and green public transport across cities globally,
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Office 2B CityPoint, 13-27 Prospect Hill,
Galway, H91 P9KP
IR
Galway, H91 P9KP
IR
Phone
Undisclosed
Website
Email Address
Overview
Founded by Alan Farrelly and Brian O'Rourke, CitySwift is an Irish big data company that powers major bus networks across the globe. Since its inception, CitySwift has built the world's first Mobility Intelligence as a Service platform, offering bus network providers the precise insights they need to quickly adapt and operate their networks for efficiency, profitability, and growth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian O'Rourke
Chief Operating Officer
Alan Farrelly
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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