Swoop
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Swoop - overview
Established
2025
Location
Lagos, -, Nigeria
Primary Industry
Consumer Services
About
Swoop is a dynamic food delivery platform based in Nigeria, delivering local restaurant meals with a focus on same-day service while expanding its reach across Lagos. Founded in 2025 and headquartered in Lagos, Nigeria, Thumo Delivery Limited operates Swoop, a platform dedicated to food delivery services. The company has focused on enhancing delivery efficiency and transparency, without any noted changes in its business strategy or structure. The founder's history is not publicly detailed.
On April 23, 2026, Swoop completed a Seed funding round, raising USD 7. 3 million, targeting the development of its platform and expansion across Nigeria. Swoop is a food delivery platform that specializes in same-day delivery services, focusing primarily on the Yaba area and expanding across Lagos. The company offers a mobile application for iOS and Android that allows customers to browse local restaurants, place orders, and track deliveries in real-time.
Swoop addresses challenges in the food delivery industry, including hidden fees and service delays, through transparent pricing and efficient logistics. The platform caters to a diverse customer base, including university students and local residents near major institutions like UNILAG and Yabatech. Future plans include integrating grocery and pharmacy deliveries to enhance user convenience in urban Nigerian environments. Swoop's revenue model is transaction-based, deriving income from food delivery services.
Customers place orders via the app, paying for meals alongside delivery and service fees, with a minimum order amount of 3,500 Naira. Delivery fees vary based on location. Swoop partners with local restaurants to process these transactions securely, offering multiple payment options, including card payments, bank transfers, and OPay. The company's commitment to transparent pricing ensures customers know the total cost before confirming their orders.
In April 2026, Swoop raised USD 7. 3 million in Seed funding from various investors, including Zero Knowledge Ventures and Base Capital. This funding will be utilized to enhance its consumer platform, starting with food delivery, and to support its strategy of expanding into Nigeria as part of a broader super-app development plan.
Current Investors
Version One Ventures, Soma Capital Management, Variant
Primary Industry
Consumer Services
Sub Industries
Courier & Delivery Services
Website
www.swoop.com.ng
Verticals
E-commerce, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

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