Swiftmile Completes $5M Series A Financing

▤ Summary

In conjuntion with the funding, Mark Farrell, partner at Thayer Ventures, now joins the Swiftmile Board of Directors. Led by Colin Roche, CEO, Swiftmile provides a parking and charging systems for scooters and ebikes. By partnering with both cities and micromobility operators, the company provides in-field parking and charging for electric bikes, scooters, and e-mopeds. The stations are remotely monitored and controlled, and can be powered by its smart connection to the grid, swappable batteries, solar power, or through a combination of multiple input power sources. With the addition of digital signage on its stations, Swiftmile takes advantage of ad-sponsorships to deploy infrastructure for its customers.

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