SWAT Mobility Pte. Ltd.

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SWAT Mobility Pte. Ltd. - overview

Established

2015

Location

Singapore, -, Singapore

Primary Industry

Software

About

Founded in 2015 and based in Singapore, SWAT Mobility Pte. Ltd. develops a mobile application that provides corporate ride-sharing solutions. Arthur Chua, Jarrold Ong, Nicholas Jachowski, and Shijing SJ Lin are the co-founders of the company.


In February 2021, the company collaborated with J:COM, offering ride-sharing services for sales employees to get their business appointments and meetings, and also raised an undisclosed amount of venture funding led by Global Brain including Globe Partners, LKJ Capital, and the University of Tokyo Edge Capital Partners. The company's mobile platform offers a flat fare rate for users and enables pre-booking or booking on-demand. It also enables transport operators to manage their public transportation fleet. The firm’s solutions are used by clients across the Asia Pacific, including Sumitomo Corporation, Toyota Corporation, Transportation for New South Wales, and Sembcorp Marine.


SWAT plans to use the February 2021 funding to support the company’s efforts to expand its business in Japan, including service development, product localization, and other related go-to-market activities.


Current Investors

iGlobe Partners, ComfortDelGro Capital Partners, Chua Chuan Leong Investments Holding Pte. Ltd.

Primary Industry

Software

Sub Industries

Public Transit/Transportation, Application Integration Software, Analytics & Performance Software

Website

www.swatmobile.io

Verticals

IoT (Internet of Things), Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

SWAT Mobility Pte. Ltd. - timeline of key events

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SWAT Mobility Pte. Ltd. - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)39,566125,6321,438,1463,576,1083,461,751---
% Revenue Growth (YoY)-217.5%1044.7%148.7%(3.2%)---
EBITDA (USD)(619,008)(1,460,111)(2,539,713)(5,751,761)(4,750,584)---
Operating Income (USD)(621,846)(1,488,276)(2,600,602)(6,373,533)(5,710,428)---
Operating Margin(1571.7%)(1184.6%)(180.8%)(178.2%)(165.0%)---
% EBITDA Margin(1564.5%)(1162.2%)(176.6%)(160.8%)(137.2%)---
NET Income (USD)(621,846)(1,488,276)(2,600,602)(6,441,296)(5,948,901)---
% Net Margin(1571.7%)(1184.6%)(180.8%)(180.1%)(171.8%)---

SWAT Mobility Pte. Ltd. - employee data

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