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HomeFunding CA-based Sway Secures $19.5Million in Series A Round Funding

[Funding alert] CA-based Sway Secures $19.5Million in Series A Round Funding

CA-based Sway secures $19.5Million in series A round funding. 7GC participated in the round alongside Lightshed Ventures, Rise of the Rest Revolution, Blackhorn Ventures, and others.

CA-based Sway secures $19.5Million in series A round funding. 7GC participated in the round alongside Lightshed Ventures, Rise of the Rest Revolution, Blackhorn Ventures, and others.

Read also – WA-based Oleria Secures $33.1M in Series A Round Funding

In order to deliver more value for brand partners and customers, the funds will be utilised to expand the workforce, increase coverage from 20 to 25 locations, and improve the technology. Under the direction of Co-Founder Kristian Zak and CEO Eric Wimer, Sway offers a customised shipping and return experience for customers.

Sway picks up, packages, and ships items users have sold on marketplaces in addition to delivering products from shops. It does this by utilising a two-way communication platform and a flexible network of driver-partners.

Read also – Conn.-based Kusari Secures $8m in Pre-Seed & Seed Funding

Major cities in California, Texas, Washington, DC, Maryland, Virginia, New York, and Florida offer the services.

About Sway

Deliveries, originally Returnmates, is a technology firm based in Los Angeles, CA that makes delivery and returns more customer-focused. Sway was created with the intention of meeting the demands and standards of modern consumers and brands.

Read also – Boston-based Digital Onboarding Secures $58M in Funding

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