Tech Company Financing Transactions
Swiftmile Funding Round
On 7/10/2020, Swiftmile landed $5 million in Series A funding from Thayer Ventures, Alumni Capital Network and Verizon Ventures.
Transaction Overview
Company Name
Announced On
7/10/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1010 Commercial St.
San Carlos, CA 94070
USA
San Carlos, CA 94070
USA
Phone
Undisclosed
Website
Email Address
Overview
The idea of Swiftmile was sparked while one of its founders, Colin Roche, endured a particularly miserable 2014 commute on a clogged Bay Area roadway. Stalled at a gridlocked intersection, he spotted a commuter -- fully dressed in work clothes -- swiftly and effortlessly cruising past in the congestion-free bike lane on an electric bicycle, a huge smile beaming across his face.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Colin Roche
Chief Financial Officer
Leo Vera
Chief Operating Officer
Bradlee Pelt
Chief Technical Officer
Keith Moravick
Co-Founder
John McGraw
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