Fundz

Latvian Startup Swotzy Secures €500,000 Pre-Seed Funding For Last-Mile Logistics

PRIVATEAug 16, 2023

Amount Raised

€500,000

Round Type

Pre-Seed

RigaE Commerce

Description

Swotzy, a Latvian last-mile logistics provider, has raised €500,000 in a pre-seed funding round. Promising savings on shipping costs and delivery performance insights, the company says it intends to use the investment to ramp up product development and establish a foothold in the Baltic market.

Quick answer

Swotzy raised €500,000 in a Pre-Seed round, dated August 16, 2023. Swotzy is based in Riga, Vidzeme, Latvia.

How much did Swotzy raise?
Swotzy raised €500,000 in a Pre-Seed round on August 16, 2023.
What does Swotzy do?
Swotzy provides a simplified shipping tool to help eCommerce merchants to optimize their last mile operations by always using the best fit carrier and save operational costs.
Where is Swotzy based and how big is it?
Swotzy is based in Riga, Vidzeme, Latvia.
Who are the decision-makers at Swotzy?
Fundz holds 1 contact at Swotzy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce around the same time

Companies in the same sectors as Swotzy that raised within 45 days of this round, from Fundz verified event records.

  • Apron raised $15M (Funding Round) on September 28, 2023.
  • Recovo raised $1.1M (Seed) on September 28, 2023.
  • BabyChakra raised an undisclosed amount (Funding Round) on September 27, 2023.
  • Finematter raised $2.8M (Seed) on September 26, 2023.
  • Genus AI raised $11M (Seed) on September 25, 2023.
  • Storebox raised $71M (Funding Round) on September 22, 2023.

Who to call at Swotzy, and when

A new round usually means Swotzy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Swotzy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Swotzy, from your own LinkedIn network

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Company Information

Company

Swotzy

Location

Riga, Vidzeme, Latvia

About

Swotzy provides a simplified shipping tool to help eCommerce merchants to optimize their last mile operations by always using the best fit carrier and save operational costs.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Swotzy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
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Swotzy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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