Swift Shift Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Swift Shift Inc. - overview

Established

2014

Location

New York, NY, US

Primary Industry

Internet

About

Swift Shift Inc. is a technology-driven company that transforms the home care sector by connecting caregivers and healthcare professionals with families needing personalized support. Their platform enhances service delivery and accessibility in home care. Swift Shift Inc.


was founded in 2014 in New York, US. The company focuses on facilitating connections between healthcare professionals, specifically nurses and caregivers, and individuals requiring home care services. The firm has successfully completed three deals, with the most recent funding round being a Seed round on June 28, 2017, raising USD 2. 000 mn, which is also the total amount raised.


The CEO, Assaf Shalvi, leads the company alongside founders Amy Nelson, Gilad Khen, Oren Ariel, and Paris Hadjisoteriou. Swift Shift specializes in redefining the home care sector by empowering caregivers through innovative solutions. The company's core offerings revolve around providing a platform that connects healthcare professionals, specifically nurses and caregivers, with individuals and families in need of home care services. This approach addresses critical gaps in service delivery, particularly in rural areas where access to conventional healthcare may be limited.


The client base primarily includes patients requiring personalized home care, families seeking reliable support, and healthcare institutions looking to enhance their service reach. Swift Shift operates across diverse geographical markets, focusing on urban and rural communities in the United States, facilitating a seamless integration of caregivers into the homes of those they serve. Swift Shift generates revenue through a direct-to-consumer model, where clients pay for home care services facilitated by the platform. The revenue structure consists of service fees associated with the placement of caregivers, which can include one-time payments for specific care engagements or ongoing subscriptions for continuous care.


This transactional model allows clients to engage caregivers based on their unique needs, ranging from short-term assistance to long-term care solutions. Additionally, partnerships with hospitals and healthcare providers may contribute to broader revenue streams, allowing Swift Shift to expand its influence and service offerings in the home care landscape. Swift Shift plans to leverage its recent Seed funding of USD 2. 000 mn to enhance its platform and develop new features aimed at improving caregiver-client interactions.


The company is also exploring opportunities to expand into additional geographic markets beyond its current focus on urban and rural communities in the United States. Specific regions targeted for expansion will be outlined in forthcoming strategic plans, with details to be announced in the future. Through these initiatives, Swift Shift aims to solidify its position in the home care sector and increase its service accessibility.


Current Investors

UpWest , Crosslink Capital, Freestyle VC

Primary Industry

Internet

Sub Industries

Healthcare IT, Social Networking & Communication Platform, Analytics & Performance Software, HR & Workforce Software

Website

www.swiftshift.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Swift Shift Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.