Amount Raised
$19.5 Million
Investors
Rise Of The Rest RevolutionLightshed VenturesBlackhorn Ventures7 Gc
Description
Sway recently announced a $19.5 million Series A led by 7GC. Additional participants in the round include Blackhorn Ventures, Lightshed Ventures, Rise of the Rest Revolution, and more. The funding will grow the team, expand coverage from 20 to 25 cities, and enhance the technology to provide additional value for brand partners and consumers.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech