Swiftly Systems
Anyone heard about this company? A recruiter reached out to me and they are a series C startup with $100m funding secured. Looks stable but not finding many reviews on it other than glassdoor. TC: 250k
Swiftly uJPH43 Nov 25, 2023
So what happened here did you ever join swiftly?
PayPal 2themoonz Nov 26, 2023
Took another offer with RSU. I asked a little deeper on runway and they didnt share the info so I was skeptical
Swiftly uJPH43 Nov 26, 2023
Smart move man. Wish you the best
They're building a white label mobile app to retailers for free, retailers slap their logos and put it in Play store, consumers download fir free to get discounts / loyality. Then Swiftly monetizes the app by showing ads (posted by retailers). It's a well run company, though make sure your stock grant is priced at the current valuation, not 2021 since like all growth stage startups they had a reduction in valuation and employee base in 2022.
Isnt there 2022 valuation better than their 2021? Thats when they secured unicorn status towards the end. https://techcrunch.com/2022/09/19/retail-tech-swiftly-valued-at-1b-100m/
Indeed, Series B was at $840M post so it was actually an upround! Sorry I got confused.