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COTTONWOOD HEIGHTS, Utah, March 17, 2021 /PRNewswire/ Swell, the customer engagement platform for local businesses, announced a Series A funding round of $8 million. The round was led by SkyLab Ventures with support from Teamworthy and Swell s current investors, including Cultivation Capital.
Swell Raises $8M Series A
This funding round comes following Swell s triple-digit year-over-year growth, and the release of the latest version of their customer engagement platform. Despite the challenges presented to everyone in 2020, we still managed to quadruple our team, release a new version of our platform, and continue to grow our customer base. It s clearer than ever that local businesses need tools like Swell to help them adapt to changes and engage with customers and prospects, says Drew Sparks, CEO and co-founder of Swell. This round will position us for the next growth stage of Swell by letting us expand our leadership team, enter new ve