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Swit Revenue & Funding (2024)

Swit generated an estimated $20M in annual revenue in 2024. Source: GetLatka estimate

Swit is a collaboration suite for Teams.

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Swit Revenue

Swit generated an estimated $20M in annual revenue in 2024. GetLatka previously estimated $12.3M in 2023. Since its launch in 2017, Swit has shown consistent revenue growth.

Swit Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$5M$10M$15M$20M$25M2021202220232024$318.4K$1M$12.3M$20MSource: GetLatka.com
YearMilestoneSource
2024Swit Hit $20m revenue in October 2024Estimated
2023Swit Hit $12.3m revenue in December 2023Estimated
2021Swit revenue for 2021: $1mNot recorded
2021Swit Hit $318.4k revenue in September 2021Not recorded

Swit Valuation, Funding Rounds

Swit has not publicly disclosed its valuation. The company has raised $12.3M in total funding to date.

Swit has raised $12.3M in total funding across 3 rounds, most recently a $5M Seed round in 2020.

Swit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$3M$0.4$6M$0.6$9M$0.8$12M$1$15M2017201820192020Source: GetLatka.com
YearRoundAmountValuationSource
2020Seed$5M-Not recorded
2019Seed$6M-Not recorded
2018Seed$1.3M-Not recorded

Founder / CEO

Swit Employees & Team Size

Swit employs approximately 144 people as of 2024, down from 174 in 2023, including 12 sales reps that carry a quota.

Swit Team GrowthReported headcount over time0408012016020020182019202020212022202320244242144144Source: GetLatka.com
YearMilestoneSource
2024Reached 144 employees (December 2024)LinkedIn
2024Reached 157 employees (October 2024)LinkedIn
2023Reached 174 employees (December 2023)LinkedIn
2022Reached 155 employees (December 2022)LinkedIn
2021Reached 132 employees (December 2021)LinkedIn
2020Reached 64 employees (December 2020)Not recorded
2020Reached 64 employees (June 2020)Not recorded
2019Reached 49 employees (December 2019)Not recorded
2018Reached 42 employees (December 2018)Not recorded

Frequently Asked Questions about Swit

What is Swit's revenue?

As of 2024, Swit generated an estimated $20M in annual revenue.

Who founded Swit?

Swit was founded by Josh Lee.

When was Swit founded?

Swit was founded in 2017.

Who is the CEO of Swit?

The CEO of Swit is Josh Lee.

How much funding does Swit have?

Swit raised $12.3M across 3 rounds.

How many employees does Swit have?

As of 2024, Swit had 144 employees.

Where is Swit headquartered?

Swit is headquartered in San Francisco, California, United States.

Compare Swit to the industry

Swit operates across multiple industries. Browse revenue, funding, and growth data for Swit in each sector below.

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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