30 August 2016
Find out more

Swipely raises $20m funding

29 May 2014  |  4153 views  |  0 cash

Payments and customer analytics startup Swipely has raised $20 million in a series c funding round led by Pritzker Group Venture Capital.

The round was also joined by existing investors First Round Capital, Index Ventures and Shasta Ventures, and takes the Rhode Island-based firm's total financing to $40.5 million.

Earlier this month Swipely revealed that it is now managing over $2 billion in sales for its retail and restaurant clients through its cloud-based platform.

The company's key selling point is its analytics capabilities which help clients manage customer relationships, measure staff performance, optimise menu selections and monitor online reviews.

The system is designed to cut time wasted in spreadsheets and searching for information by integrating data across the payment network, point-of-sale and the social Web in one place.

The new money will be used to attract more clients and build up Swipely's team, which currently stands at 100 employees.

Angus Davis, CEO, Swipely, says: "Success at Swipely begins with our growing team of people who are determined to help our customers succeed. Together we are building an online operating system for local commerce, changing the way small businesses operate and grow with data."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Social shopping site Swipely takes on Blippy

Social shopping site Swipely takes on Blippy

11 May 2010  |  5453 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.abe-eba.euVisit capgemini.comFind out more

Top topics

Most viewed Most shared
India's Unified Payments Interface goes live with 21 banksIndia's Unified Payments Interface goes li...
9026 views comments | 23 tweets | 25 linkedin
R3 blockchain consortium sheds light on Concord projectR3 blockchain consortium sheds light on Co...
6613 views comments | 14 tweets | 14 linkedin
Cultural change crucial in digital transformationCultural change crucial in digital transfo...
6446 views comments | 11 tweets | 10 linkedin
Mondo becomes MonzoMondo becomes Monzo
6241 views comments | 14 tweets | 8 linkedin
hands typing furiouslyBlockchain: Some Remarkable Announcements!
5823 views 0 | 5 tweets | 10 linkedin

Featured job

Find your next job