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§ Private Profile · 95 Newfield Avenue, Edison, New Jersey
Swft is a technology company.
SWFT develops electric mobility solutions, primarily manufacturing electric bicycles designed to enhance personal short-distance transportation. The company focuses on creating accessible e-mobility options, integrating robust engineering with user-friendly design to address urban commuting and leisure needs. Their approach centers on providing efficient and convenient personal transport for a broad market.
The company was co-founded by David Liniado and Joey Wahba. Wahba, leveraging his prior experience as CEO of electronics manufacturing company DGL Group, brought significant expertise in product development and production. This combined with Liniado's vision for personal e-mobility formed the impetus for establishing SWFT, aiming to bring innovative and practical electric vehicles to market.
SWFT targets individuals seeking alternative, efficient modes of short-distance personal travel. The company's vision is to broaden the adoption of electric bikes and similar vehicles, making personal e-mobility readily available and integrated into daily life. They look forward to a future where electric transport offers a seamless and accessible experience for everyone.
Swft has raised $10.0M across 1 funding round.
Swft has raised $10.0M in total across 1 funding round.
Swft has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Seed in October 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2021 | $10M Seed | ✮david Zwick, Martin Lauber | Early Light Ventures, Arik Steinberg, SHY Datika, Mark Joseph | Announced |
Swft appears to refer to SWFT Blockchain, a cross‑chain swap protocol and payments network founded in 2017; below is a concise, investor‑style profile and outlook based on public company materials and business listings.[1][3]
High‑Level Overview
SWFT Blockchain is a cross‑chain swap protocol and payment network that enables direct swaps across many cryptocurrencies and blockchains, and offers wallet, API and payment integrations for businesses and users.[1][3] The platform combines blockchain routing, machine‑learning price routing and large liquidity relationships to provide fast, low‑fee cross‑chain transfers and payment rails for crypto and stablecoins.[1] SWFT’s product suite includes an end‑user wallet and swap app, developer APIs for integrated swaps and SWFT Pay for merchant payments; the platform promotes convenience (one‑click transfers), broad token coverage (hundreds of tokens) and integrations with custodial and noncustodial wallets and exchanges.[1][3]
Origin Story
SWFT Blockchain was founded in 2017; its public materials and business profiles position the team as building next‑generation cross‑chain infrastructure to simplify crypto transfers and payments.[1][3] The company has participated in accelerator programs (Berkeley Blockchain Xcelerator cited) and secured early recognition in fintech competitions and support from Silicon Valley VCs such as Draper Dragon, which helped validate its market fit and partnerships in its early years.[1] Public company profiles list rapid user growth and listings/partnerships (for example, token listings and exchange collaborations) as pivotal milestones that expanded its liquidity and distribution.[1][3]
Core Differentiators
Role in the Broader Tech Landscape
SWFT is riding the cross‑chain and interoperability trend: as crypto ecosystems diversify, demand rises for seamless transfers between chains, between DeFi and CeFi, and for fiat‑on/off ramps—areas SWFT targets with swap routing and payment rails.[1] Timing matters because multi‑chain adoption, Layer‑2 growth and stablecoin use increase transaction volumes and composability needs; projects that can abstract chain complexity and reduce friction gain enterprise and consumer traction.[1] Market forces in SWFT’s favor include growing stablecoin payments, expanding DeFi/ CeFi integrations, and enterprise demand for embedded crypto payments and transfers.[1][3]
Quick Take & Future Outlook
SWFT’s near‑term path likely focuses on (1) deepening liquidity and partner integrations to improve rates and success rates for complex cross‑chain transfers, (2) expanding merchant/merchant SDK adoption for SWFT Pay, and (3) broadening layer‑2 and cross‑chain coverage as new chains and bridges emerge.[1][3] Risks include intense competition from other cross‑chain routers, native DEX/router advances, and regulatory uncertainty for crypto payments in key markets; success will hinge on execution of partnerships, UX reliability, and sustained liquidity access. If SWFT maintains fast, low‑cost routing and expands enterprise integrations, it can continue to be a useful plumbing layer for multi‑chain crypto flows and embedded payments.[1][3]
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Swft has raised $10.0M in total across 1 funding round.
Swft's investors include ✮David Zwick, Martin Lauber, Early Light Ventures, Arik Steinberg, Shy Datika, Mark Joseph.