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2024 Revenue

$5.7M

Funding

$2.2M

YOY

39.2%

Team

20

Founded

2016

How SwipeSum CEO Michael Seaman grew to $5.7M revenue with a 20 person team in 2024.

SwipeSum is a technology aimed at reducing credit card and debit card processing fees for companies.

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SwipeSum Revenue

In 2024, SwipeSum's revenue reached $5.7M. The company previously reported $4.1M in 2023. Since its launch in 2016, SwipeSum has shown consistent revenue growth.

SwipeSum Revenue GrowthReported revenue / ARR over time$0$1M$3M$4M$5M$6M201620172018201920202021202220232024$0$1M$4M$6MSource: GetLatka.com
YearMilestoneQuote
2024SwipeSum Hit $5.7m revenue in October 2024
2023SwipeSum Hit $4.1m revenue in December 2023
2021SwipeSum Hit $1.3m revenue in December 2021
2016Launched with $0 revenue

SwipeSum Valuation, Funding Rounds

SwipeSum has not publicly disclosed its valuation. The company has raised $2.2M in total funding to date.

SwipeSum has raised $2.2M in total funding across 3 rounds, most recently a $100K Grant round in 2021.

SwipeSum Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$500K$0.4$1M$0.6$2M$0.8$2M$1$3M201620172018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Grant$100K--
2020Angel Round$1.1M--
2018Seed Round$1M--

Founder / CEO

Michael Seaman

CEO at Swipesum | Your Fractional Chief

Q&A

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Customers

We do not have customer count information for SwipeSum yet.

SwipeSum Employees & Team Size

SwipeSum employs approximately 20 people as of 2026, down from 24 in 2023.

SwipeSum Team GrowthReported headcount over time0612182430201620172018201920202021202220232024002020Source: GetLatka.com
YearMilestone
2024Reached 20 employees (December 2024)
2024Reached 23 employees (October 2024)
2023Reached 24 employees (December 2023)
2022Reached 25 employees (December 2022)
2021Reached 13 employees (December 2021)
2021Reached 9 employees (December 2021)

Frequently Asked Questions about SwipeSum

What is SwipeSum's revenue?

SwipeSum generates $5.7M in revenue.

Who founded SwipeSum?

SwipeSum was founded by Michael Seaman.

Who is the CEO of SwipeSum?

The CEO of SwipeSum is Michael Seaman.

How much funding does SwipeSum have?

SwipeSum raised $2.2M.

How many employees does SwipeSum have?

SwipeSum has 20 employees.

Where is SwipeSum headquarters?

SwipeSum is headquartered in St. Louis, Minnesota, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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SwipeSum Revenue 2024: $5.7M ARR, $2.2M Raised