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Company
Swyft Technology
36
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Swyft Technology simplifies the installation of renewable energy products in the home, farm or industry. This is possible through its eCommerce platform integrating: customer, installer and supplier. Swyft is the Shopify of the service industry.
Corkermore, CO Cork, Ireland
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- 25
employees
- €8,000,000
turnover
Anglais
Swyft Technology
Anglais
• Swyft Energy was established by long term friends Joseph Freyne and Adrian Casey in 2018, as an online home services business that simplifies the installation of energy products such as high efficiency boilers, smart heating controls, solar PV, heat pumps and electric car chargers.
• Following launch, the founders set about digitising their home services business. Unable to find an existing solution on the market, they built their own e-commerce platform that digitised the...
• Swyft Energy was established by long term friends Joseph Freyne and Adrian Casey in 2018, as an online home services business that simplifies the installation of energy products such as high efficiency boilers, smart heating controls, solar PV, heat pumps and electric car chargers.
• Following launch, the founders set about digitising their home services business. Unable to find an existing solution on the market, they built their own e-commerce platform that digitised the customer journey and supply chain.
• Thanks to their e-commerce platform, in just over two years Swyft Energy has generated over €9m in sales and is well on its way to becoming market leader in the Irish Energy Services industry.
• Now, having proven their technology with Swyft Energy in Ireland, the founder's vision is to develop their technology into a white label, scalable solution that will be licensed to home services providers internationally, creating:
“The world’s leading e-commerce platform for the services industry”
• The technology is currently at TRL 6 and now seeks funding to bring it to TRL 8 and 9
• Swyft Energy was the proof of concept and reference client before marketing “Swyft Technology” as a standalone business, licensing the technology using a Software-as-a-Service (SaaS) business model.
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Certifications
The InvestHorizon Accelerated label is for selected deep tech companies from the accelerator programme to facilitate series A funding.
This quality label is a guarantee for investors to find high standard project proposals from European SMEs with growth potential.
InvestHorizon is a programme financed by the European Commission in association with Eureka to foster investment readiness.
296 Entities
The Seal of Excellence is a quality label awarded to project proposals submitted to Horizon 2020 which succeeded a highly competitive evaluation process by independent experts, but did not received funding due to budget limits.
This quality label is a guarantee for investors to find high standard project proposals from European SMEs with growth potential.
1469 Entities
Communities
InvestHorizon is an accelerator programme designed to facilitate the access to Series A funding
for selected DEEP TECH companies.
1628 Members
The Access2EIC -Seal of Excellence community aims at gathering high potential European companies that received from the European Commission a “Seal of Excellence” certificate and European equity investors.
https://access2eic.eu/
2108 Members
Our history
Start in 2nd January 2018
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2nd January 2018
Founded by Adrian Casey (CTO) and Joe Freyne (CEO).
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January 2018
Established sister company, Swyft Energy to be Swyft Technologies first energy company
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December 2018
End of first year : 7 Employees and 2018 revenue of €1.8m.
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2019
Raised €700k equity in March. €1.5m debt in September. Revenue of €4.6m 2019 and Dec. 31 employees
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2020
Continued rapid growth until Covid. Further developed the technology during Covid quiet period.
to be continued ...