{"data":{"type":"company_profile_ai","id":61440,"entity_id":"wefunder:company:61440","attributes":{"canonical_url":"https://wefunder.com/swift.rails","retrieval_urls":{"canonical":"https://wefunder.com/swift.rails","json":"https://wefunder.com/swift.rails.json","markdown":"https://wefunder.com/swift.rails.md","ai_json":"https://wefunder.com/swift.rails.ai.json","ai_text":"https://wefunder.com/swift.rails.ai.txt","changelog_json":"https://wefunder.com/swift.rails.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-11T05:00:18Z","generated_at":"2026-06-12T04:54:44Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":61440,"entity_id":"wefunder:company:61440","slug":"swift.rails","name":"Swift Rails, Inc.","tagline":"Forever Sustainable Transportation - environmentally and financially","elevator_pitch":"We have a cool new kind of transportation. Super efficient 1 to 4 person autonomous vehicles powered by electric motors using renewable energy that travel rapidly on a highway of ultra-light rails elevated 12-15 feet by a small pole similar to a light post. Vehicles are hailed on-demand like an Uber and quickly take you directly to your destination with no stops in between. Radically cheaper and better than regular transit, our system is the solution to clean, sustainable ground transportation.","location":"Buffalo, NY","website":"https://www.swiftrails.com/","total_amount_raised":694916,"total_investors":465,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 694916","citation":"https://wefunder.com/swift.rails#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T05:00:18Z","as_of":"2026-06-12T04:54:44Z","confidence":"high"},"observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-12T05:00:18Z"},{"claim_id":"claim-total-investors","text":"Total investors: 465","citation":"https://wefunder.com/swift.rails#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T05:00:18Z","as_of":"2026-06-12T04:54:44Z","confidence":"high"},"observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-12T05:00:18Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 694916","citation":"https://wefunder.com/swift.rails#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T05:00:18Z","as_of":"2026-06-12T04:54:44Z","confidence":"high"},"observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-12T05:00:18Z"},{"claim_id":"claim-total-investors","text":"Total investors: 465","citation":"https://wefunder.com/swift.rails#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T05:00:18Z","as_of":"2026-06-12T04:54:44Z","confidence":"high"},"observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-12T05:00:18Z"}],"company_claims":{"tagline":"Forever Sustainable Transportation - environmentally and financially","elevator_pitch":"We have a cool new kind of transportation. Super efficient 1 to 4 person autonomous vehicles powered by electric motors using renewable energy that travel rapidly on a highway of ultra-light rails elevated 12-15 feet by a small pole similar to a light post. Vehicles are hailed on-demand like an Uber and quickly take you directly to your destination with no stops in between. Radically cheaper and better than regular transit, our system is the solution to clean, sustainable ground transportation.","story":"Swift Rails is a new type of on-demand transit that is 5x faster and 40x less expensive than conventional light-rail.Swift Rails uses autonomous 1-4 person vehicles traveling rapidly on a highway of ultra-light rails. Vehicles are hailed by app and deliver passengers directly to their destination with zero emissions. The rails are elevated 12-15 ft. above the traffic (and pedestrians, animals, wet roads and snow) using a pole similar in size to a light post and they install quickly and easily almost anywhere.Forward-looking projections cannot be guaranteed.We Make Installing Transit Easy by Radically Changing the Cost EquationOur low cost, quick installation and tiny footprint completely changes how transit can be applied by eliminating the biggest hurdles to implementation. In many cases, we can build a system for the time and cost of studying conventional transit projects.People Who See Our Vehicle Love Our ConceptJust about anyone who sees our vehicle in person immediately “gets it”. We’ve had over 1,000 people sit in the vehicle and responses have been overwhelmingly positive. They want Swift Rails in their hometown, and many are bursting with ideas of other places where it would be great.Your Investment Will Introduce Transportation That Changes the WorldSolving Climate Change\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;• 2.4 gigatons of annual carbon reduction projected by 2040*Making Transportation Safer\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;• Estimated 10 million annual traffic injuries avoided by 2040*Improving Life\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;• Reduce air pollution, congestion and stress\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;• Make travel fun again\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;• Free up green space and make cities more livableMaking a Great Return\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;• Things that transform the world have great returns on investmentWe will work incredibly hard to make your return worthwhile* please see our Impact Report at https://www.swiftrails.com/world-changing-impact/ for more detail","quick_facts":["Revolutionary new transportation designed, tested and demonstrated","USPTO notice of patent issuance September 2023","A strong and unmistakable trend is emerging towards individualized transit","5 times faster, 40 times less expensive, zero emissions and 100 times safer","Semi-autonomous driverless vehicles take you to your destination","Massive growth potential in multi-trillion dollar market","Could potentially solve 1/3 of climate change, improves cities and quality of life","Great team - CEO led a public company that completed 50,000 projects in over 100 countries"]},"computed_metrics":{"total_amount_raised":694916,"total_investors":465,"team_size":5,"featured_investor_count":1,"faq_count":5,"recent_post_count":10},"quick_facts":[{"claim_id":"claim-fact-1","value":"Revolutionary new transportation designed, tested and demonstrated","citation":"https://wefunder.com/swift.rails#claim-fact-1","observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-18T05:00:18Z"},{"claim_id":"claim-fact-2","value":"USPTO notice of patent issuance September 2023","citation":"https://wefunder.com/swift.rails#claim-fact-2","observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-18T05:00:18Z"},{"claim_id":"claim-fact-3","value":"A strong and unmistakable trend is emerging towards individualized transit","citation":"https://wefunder.com/swift.rails#claim-fact-3","observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-18T05:00:18Z"},{"claim_id":"claim-fact-4","value":"5 times faster, 40 times less expensive, zero emissions and 100 times safer","citation":"https://wefunder.com/swift.rails#claim-fact-4","observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-18T05:00:18Z"},{"claim_id":"claim-fact-5","value":"Semi-autonomous driverless vehicles take you to your destination","citation":"https://wefunder.com/swift.rails#claim-fact-5","observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-18T05:00:18Z"},{"claim_id":"claim-fact-6","value":"Massive growth potential in multi-trillion dollar market","citation":"https://wefunder.com/swift.rails#claim-fact-6","observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-18T05:00:18Z"},{"claim_id":"claim-fact-7","value":"Could potentially solve 1/3 of climate change, improves cities and quality of life","citation":"https://wefunder.com/swift.rails#claim-fact-7","observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-18T05:00:18Z"},{"claim_id":"claim-fact-8","value":"Great team - CEO led a public company that completed 50,000 projects in over 100 countries","citation":"https://wefunder.com/swift.rails#claim-fact-8","observed_at":"2026-06-11T05:00:18Z","expires_at":"2026-06-18T05:00:18Z"}],"latest_fundraise":{"id":52031,"entity_id":"wefunder:fundraise:52031","state":"successful","offering_type":"506(b)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":"2021-11-22T00:52:35Z"},"investor_memos":[],"team":[{"id":946234,"entity_id":"wefunder:company_role:946234","name":"Kevin Neumaier","title":"CEO","role":"founder","profile_url":"https://wefunder.com/kevinneumaier"},{"id":1013928,"entity_id":"wefunder:company_role:1013928","name":"James Enright","title":"Chief Design Officer","role":"founder","profile_url":"https://wefunder.com/james.enright."},{"id":946266,"entity_id":"wefunder:company_role:946266","name":"Tony Gale","title":"COO","role":"employee","profile_url":"https://wefunder.com/tonygale"},{"id":945655,"entity_id":"wefunder:company_role:945655","name":"Daryl Anderson","title":"CFO","role":"founder","profile_url":"https://wefunder.com/darylanderson"},{"id":1039514,"entity_id":"wefunder:company_role:1039514","name":"Mark Cotter","title":"Chief Safety Officer","role":"employee"}],"featured_investors":[{"id":4820,"entity_id":"wefunder:company_investor_profile:4820","name":"Christopher Hawes","bio":"I have been an investor, trader, and founder for the past 20+ years. I have worked and run businesses in the USA, Asia, and Latin America.","profile_url":"https://wefunder.com/christopherhawes"}],"relationships":[{"source_entity_id":"wefunder:company:61440","relation":"has_team_member","target_entity_id":"wefunder:user:849774","target_url":"https://wefunder.com/kevinneumaier"},{"source_entity_id":"wefunder:company:61440","relation":"has_team_member","target_entity_id":"wefunder:user:940882","target_url":"https://wefunder.com/james.enright."},{"source_entity_id":"wefunder:company:61440","relation":"has_team_member","target_entity_id":"wefunder:user:851201","target_url":"https://wefunder.com/tonygale"},{"source_entity_id":"wefunder:company:61440","relation":"has_team_member","target_entity_id":"wefunder:user:848835","target_url":"https://wefunder.com/darylanderson"},{"source_entity_id":"wefunder:company:61440","relation":"has_team_member","target_entity_id":"wefunder:company_role:1039514"},{"source_entity_id":"wefunder:company:61440","relation":"has_featured_investor","target_entity_id":"wefunder:user:1033405","target_url":"https://wefunder.com/christopherhawes"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:169819","target_url":"https://wefunder.com/feed/169819"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:169775","target_url":"https://wefunder.com/feed/169775"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:159703","target_url":"https://wefunder.com/feed/159703"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:158835","target_url":"https://wefunder.com/feed/158835"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:158424","target_url":"https://wefunder.com/feed/158424"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:153926","target_url":"https://wefunder.com/feed/153926"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:153917","target_url":"https://wefunder.com/feed/153917"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:152938","target_url":"https://wefunder.com/feed/152938"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:150510","target_url":"https://wefunder.com/feed/150510"},{"source_entity_id":"wefunder:company:61440","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:142197","target_url":"https://wefunder.com/feed/142197"},{"source_entity_id":"wefunder:company:61440","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:52031"}],"faq":[{"question":"This could be an investment opportunity that one may not want to pass up; however, I have a couple of questions. 1) Is there any place in the USA or anywhere in the world that this tiny railways concept ever tested to work? 2) Building some new railways in most cities can be t...","answer":"Good questions Richard. A working passenger carrying system of this type does not currently exist anywhere. We have been told that value of the company will increase substantially once this happens. We have built a full scale prototype and tested many component pieces of the system. These match up pretty well with our calculations and are sometimes exceeding our expectations. While it is likely that we make some modifications as we go to full scale, we expect that we will be successful. Our c..."},{"question":"Hi. When do you expect to start generating revenue? Once you do, what are your goals for the first 5 years? And when would you like to hit the 1B mark in revenue? I understand that nothing is guaranteed, I just want to have an idea of the growth you are envisioning for the com...","answer":"Thanks for the questions Leonardo. We have proposals currently submitted for several million dollars of development/grant type projects, so we would like to see some 2021 revenue. We are going to be able to sell larger projects once we have the first system in place. Our goal is to be slightly ahead of/meet demand for systems and are building scalability and repeatability into all our design and process. We estimate system size will typically be $25-200 Million. From a production side, we sho..."},{"question":"Hello Mr. Neumaier, Going off questions asked by Mr. Lee on luggage and attendants at \"stations\" to help the customers get in and out of the \"carriage\": - Although the \"carriage\" design is slick it doesn't seem to be thought for people that have mobility issues and people that...","answer":"Thanks Miguel. Our \"standard\" vehicle is comfortable for most body types. A gentleman at 6'7\" described our vehicle as exceptionally comfortable. We tried to make sure that sight lines work for shorter people and kids and the response has been very positive. The vehicles are pretty spacious inside and they match up to the platform well. If a person can sit in a chair they can get into our vehicle. Unlike traditional transit, we wait until the person is in the vehicle before leaving the statio..."},{"question":"Thanks for your reply. A few more questions: 1) Will fares be a flat fee or based on distance? How much will the basic fare be? 2) Do riders need to book their rides or is it 1st come 1st serve? What if someone needs a luggage vehicle? Is it extra?","answer":"Thanks Leonardo. Pricing is difficult to answer without the specific route and user in mind - but here is an attempt. In general, we anticipate being profitable at fares similar to what is charged now by conventional transit (currently these fares represent only 30% of the average cost of the existing transit service - this means that these systems require large subsidies to operate. We operate profitably at these same prices where it is already established that there is ridership willing to ..."},{"question":"I've read about Personal Rapid Transit systems for about 25 years now. Again and again companies build little demo systems, but they never go anywhere. Why is your demo going to be different than Morgantown, Heathrow, Suncheon, Masdar, ...?","answer":"Thanks for the question Eric. The short answer is price, convenience and comfort are the primary differentiators. The somewhat longer answer - Personal Rapid Transit (PRT) has been a concept that has been around for a number of decades as you note. In many ways, it is a near perfect way for people to move around, so why haven't some earlier attempts worked out to be big commercial successes? As you say a few PRT systems have been built. Morgantown is still working and has an very good safety ..."}],"recent_posts":[{"id":169819,"entity_id":"wefunder:feed_item:169819","title":"Swift Rails Showcased at the Smart Cities Connect Conference in Washington, DC.","preview":"Swift Rails was recently showcased at the Smart Cities Connect Conference in Washington, DC. We have been featured in an article discussing the conference highlights. Take a look at:\u0026nbsp;https://smartcitiesconnect.org/innovation-at-smart-cities-connect-conference-expo-fall-2023/ :Innovation at Smart Cities Connect Conference \u0026 Expo Fall 2023At Smart Cities Connect, there is never a shortage of innovative, impactful ideas and the Fall Conference and Expo was no exception. Each session buzzed ...","published_at":"2024-01-05T20:07:07Z","canonical_url":"https://wefunder.com/feed/169819"},{"id":169775,"entity_id":"wefunder:feed_item:169775","title":"Swift Rails Letter to Shareholders","preview":"Dear shareholders (and those thinking about jumping in),There is some exciting progress going on at Swift Rails.\u0026nbsp;We have always had a cool idea.\u0026nbsp;Customer reaction has always been good.\u0026nbsp;As we have advanced each step of the way, the reception has always gotten better.\u0026nbsp;Still, it feels like something has changed.\u0026nbsp;We are talking to more potential customers and the more we talk to them, the more that interest and demand seems to be increasing.\u0026nbsp;It is very exciting. I th...","published_at":"2024-01-03T18:20:51Z","canonical_url":"https://wefunder.com/feed/169775"},{"id":159703,"entity_id":"wefunder:feed_item:159703","title":"Exciting News!","preview":"We’re delighted to announce our first partnership with a U.S. metropolitan region and our submission for Federal funding to implement Swift Rails!\u0026nbsp; This is a huge and very exciting step forward, which we expect it to be the first of many more to come.","published_at":"2022-12-02T16:48:33Z","canonical_url":"https://wefunder.com/feed/159703"},{"id":158835,"entity_id":"wefunder:feed_item:158835","title":"Swift Rails Invited to Compete in the Clarkson University Technology Showcase \u0026amp; Competition","preview":"The Shipley Center for Innovation invites you to the 2nd annual\u0026nbsp;Clarkson University Technology Showcase and Competition.\u0026nbsp; This event will highlight leading Clarkson faculty, student, and alumni startup companies, as well as researchers working to commercialize exciting new technologies.Join us for an evening that showcases and celebrates the outstanding technologies being developed by Clarkson’s finest researchers and entrepreneurs. Hors d’oeuvres, open bar, outstanding networking i...","published_at":"2022-10-18T19:43:25Z","canonical_url":"https://wefunder.com/feed/158835"},{"id":158424,"entity_id":"wefunder:feed_item:158424","title":"Swift Rails Inc. Appoints Andreas Calianos to Board of Directors","preview":"Adding substantial private equity and project finance expertise to the BoardToday we announced the appointment of Andreas Calianos to our Board of Directors.\u0026nbsp; “Andreas has an extensive and well-rounded background in private equity and startups,“ commented Kevin Neumaier, Chairman and CEO of Swift Rails. \"His deep experience in both raising and investing institutional infrastructure and hard asset capital make him an exceptionally good fit as we advance to our next stage of development.\u0026n...","published_at":"2022-09-27T19:10:14Z","canonical_url":"https://wefunder.com/feed/158424"},{"id":153926,"entity_id":"wefunder:feed_item:153926","title":"Swift Rails Selected to Pitch at the 9th Annual Smart Cities Startup Challenge on April 5!","preview":"\"Each year, innovation evolves and the priorities for our municipal, defense, and funding partners change; but one thing always remains: the caliber of startups we see paints a very positive picture for our future society,\" said Jennifer Rocha, Vice President, Strategic Partnerships, TechConnect. \"We are honored to recognize and showcase the winners of this Challenge and to shine a light on the early-stage innovation solving some of our nation's most pressing crises.\"Winners of the Challenge ...","published_at":"2022-04-03T18:57:46Z","canonical_url":"https://wefunder.com/feed/153926"},{"id":153917,"entity_id":"wefunder:feed_item:153917","title":"Update and New Offering","preview":"Dear Investors \u0026 Supporters,We wanted to take this opportunity to give you some highlights of 2021 and let you know where we are headed.\u0026nbsp; COVID has been historically difficult in many ways, yet as a business, we are making surprisingly good progress. Since in person marketing and networking have been tough to do, we largely turned our focus inward during 2021 to successfully focus on further developing our technology.\u0026nbsp; And despite the challenges, we achieved significant traction on ...","published_at":"2022-03-24T19:22:12Z","canonical_url":"https://wefunder.com/feed/153917"},{"id":152938,"entity_id":"wefunder:feed_item:152938","title":"Swift Rails CEO, Kevin Neumaier, to be a Keynote Speaker at the Smart Cities Connect Conference in April","preview":"Kevin will be on a four person panel in the Smart Mobility track called \"Mobility in the Infrastructure Bill Era\".\u0026nbsp;Swift Rails will also be exhibiting and bringing a vehicle for conference attendees to sit in and see in person.Smart Cities Connect provides meaningful content and connects a thoughtful community of decision-makers to empower smart cities at all stages of growth. They accelerate the adoption of smart technology solutions, aid in problem solving, and amplify city resources f...","published_at":"2022-02-22T15:27:47Z","canonical_url":"https://wefunder.com/feed/152938"},{"id":150510,"entity_id":"wefunder:feed_item:150510","title":"Progress Update: Exciting Developments","preview":"To our Investors and Supporters,Although it feels much longer, it has only been about 9 months since we paused our Wefunder campaign.\u0026nbsp;I am happy to report that things are going very well!During that time, we have completed our outdoor test track, enabling us to advance our technology substantially. We have made considerable progress in several key areas – remote control of vehicles, wheel truck and chassis design, vehicle position tracking and monitoring, and the design for scalability o...","published_at":"2021-11-19T18:32:19Z","canonical_url":"https://wefunder.com/feed/150510"},{"id":142197,"entity_id":"wefunder:feed_item:142197","title":"In Depth Conversation with Our CEO Kevin Neumaier","preview":"Clarkson Ignite Podcast - Environmentally Friendly Public TransitIn this episode, we talk with Kevin Neumaier '86 about his innovative new transportation system, SwiftRails. He goes over how the idea came up, the backyard development process, and all of the benefits his system provides. It was a really interesting conversation, and we hope you enjoy it as much as we did","published_at":"2021-02-23T15:41:44Z","canonical_url":"https://wefunder.com/feed/142197"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-12T04:54:44Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T05:00:18Z","as_of":"2026-06-12T04:54:44Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T05:00:18Z","as_of":"2026-06-12T04:54:44Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-12T04:54:44Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-12T04:54:44Z","confidence":"medium"}}}}}}