What is Swimply?
Founded in 2018 and headquartered in New York, New York, Swimply operates as an online platform facilitating hourly rentals of private swimming pools across the United States, Canada, and Australia. The company addresses a unique market need by connecting pool owners with individuals seeking temporary access to recreational water facilities. This peer-to-peer approach allows for efficient utilization of underused assets, providing a flexible and accessible option for leisure and recreation.
How much funding has Swimply raised?
Swimply has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2021): $10M with participation from Norwest Venture Partners and Trust Ventures
Key Investors in Swimply
Norwest Venture Partners
Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm founded in 1961, known for its extensive experience in backing technology and healthcare companies.
Trust Ventures
Trust Ventures is a venture capital fund focused on supporting startups that address significant societal challenges, particularly those hindered by public policy barriers, offering strategic advisory services alongside capital.
What's next for Swimply?
The recent major strategic investment in Swimply signals a pivotal phase for the company, likely aimed at accelerating market penetration, enhancing platform capabilities, and potentially expanding into new geographical regions or service offerings. With significant enterprise-level funding secured, Swimply is well-positioned to solidify its leadership in the pool-sharing economy. Future developments may include strategic partnerships, technological advancements to improve user experience, and further scaling of operations to meet growing demand.
See full Swimply company page
