- Supermarket operating system company Swiftly recently announced that it raised $15.6 million in funding
Swiftly is a company that is known for helping grocery stores and retailers stay competitive against major players like Amazon and Walmart. And Swiftly recently announced that it raised $15.6 million in funding, according to GeekWire.
The investors in this round include Novel Private Equity, Mendacre, Ron Burkle (founder and managing partner of The Yucaipa Companies), Sam McBride (former COO of RXBAR), The Ward Family (former Russell Stover Candies owner), and Vivek Garipalli (Clover Health co-founder, CEO, and board member).
This round of funding comes on the heels of the company debuting its supermarket operating system. The operating system is already running in grocery stores in Georgia and California. Swiftly is planning to roll out nationwide in the near future.
Swiftly’s app has a fast checkout feature, shopping lists, and coupons. And one of Swiftly’s biggest customers is Zion Market. Grocery stores also receive insights around loyalty and customer preferences.
Swiftly’s founders include Henry Kim, Sean Turner, Karen Ho, and Daniel Kim. The founders previously worked at Symphony Commerce. Swiftly used to be based out of Palo Alto, but it relocated to Seattle to hire engineers from tech engineers like Microsoft and Amazon to build a product that is able to scale.
