Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon

23 Apr, 2021

Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon
Photo by Alok Sharma on Unsplash

– Swyft, a company that has just raised $17.5m in Series A, helps retailers of any size provide affordable same-day delivery.
– The round was co-led by Inovia Capital and Forerunner Ventures, with participation from Shopify and existing investors Golden Ventures and Trucks VC.
– Swyft is a marketplace, connecting a network of shipping carriers with vendors.
– The company provides software to those carriers to make them more efficient, and turns them into a vast network that allows them to pick up more inventory without adding to their infrastructure.
– To date, major players in both shipping and retail have dominated this space, thanks in large part to their ability to deliver quickly.

E-Commerce Logistics North America
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