# Swift Rails, Inc. 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. - Canonical URL: https://wefunder.com/swift.rails - Entity ID: wefunder:company:61440 - Last updated: 2026-06-11T05:00:18Z - Generated at: 2026-06-12T04:54:26Z ## 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 ## Active fundraises - wefunder:fundraise:52031: 506(b) successful (USD) - wefunder:fundraise:93867: 4(a)(6) successful (USD) - wefunder:fundraise:93868: 4(a)(6) successful (USD) - wefunder:fundraise:52030: 4(a)(6) successful (USD) - wefunder:fundraise:35207: 4(a)(6) successful (USD) ## 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    • 2.4 gigatons of annual carbon reduction projected by 2040*Making Transportation Safer    • Estimated 10 million annual traffic injuries avoided by 2040*Improving Life    • Reduce air pollution, congestion and stress    • Make travel fun again    • Free up green space and make cities more livableMaking a Great Return    • 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 ## FAQ 1. **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...** - 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... 2. **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...** - 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... 3. **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...** - 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... 4. **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?** - 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 ... 5. **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, ...?** - 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 ... ## Team - Kevin Neumaier (CEO) - James Enright (Chief Design Officer) - Tony Gale (COO) - Daryl Anderson (CFO) - Mark Cotter (Chief Safety Officer) ## Recent posts - Swift Rails Showcased at the Smart Cities Connect Conference in Washington, DC. (2024-01-05T20:07:07Z) - Swift Rails Letter to Shareholders (2024-01-03T18:20:51Z) - Exciting News! (2022-12-02T16:48:33Z) - Swift Rails Invited to Compete in the Clarkson University Technology Showcase & Competition (2022-10-18T19:43:25Z) - Swift Rails Inc. Appoints Andreas Calianos to Board of Directors (2022-09-27T19:10:14Z) - Swift Rails Selected to Pitch at the 9th Annual Smart Cities Startup Challenge on April 5! (2022-04-03T18:57:46Z) - Update and New Offering (2022-03-24T19:22:12Z) - Swift Rails CEO, Kevin Neumaier, to be a Keynote Speaker at the Smart Cities Connect Conference in April (2022-02-22T15:27:47Z) - Progress Update: Exciting Developments (2021-11-19T18:32:19Z) - In Depth Conversation with Our CEO Kevin Neumaier (2021-02-23T15:41:44Z) - Last call to invest! Our campaign closes at 11PM EST!! (2021-02-15T16:19:24Z) - Last Chance: Swift Rails Offering Closes Today! (2021-02-15T11:50:16Z) - Join 300+ Fellow Investors: Only 3 Days Left 'Till Closing!! (2021-02-12T15:24:34Z) - Closing Arguments (2021-02-10T20:31:14Z) - Test Track Coming Soon! (2021-02-08T20:32:53Z) ## Q&A - Q: Have you received interest / orders from any cities / countries? - A: Hi Vikram, Yes we are receiving interest from a number of cities and countries. Part of this raise is to handle the new interest we are getting in our systems - which has been outstanding. We have progressed with several entities where we have defined the routes and have identified the funding. Being a disruptive technology there are some self interests that do not prefer our new cheaper and faster technology. We will announce contracts as we sign them but talking too much about where we stand with any particular client on the internet gives away some of our competitive advantage. We were recently at the Smart Cities Conference in Columbus where we gave a keynote, a session, an investor pitch and exhibited a vehicle. This was the first time that one of our team was at conference with us. He said "customer response is amazing! Is it always like this?" - it has been and as we get out more it continues to get better. - Q: How did the pandemic impact the company? - A: Thanks for the question Daniel. Surprisingly we have come out of the pandemic in very good shape! The pandemic was terrible on so many levels to so many people. We got lucky in a number of ways. Although we had a project pause and the world sort of stopped for what seemed like a very long time - we made great use of the time to improve our technology and the demand for our systems is now much greater that it was. We were able to rapidly advance our technology and innovation in part because there were no outside distractions. We refined our product and production processes. The pace of innovation was fast. We built an indoor and outside test track where we were able to rapidly test out ideas. We communicated a lot to one another. We came up with some outstanding ideas, some of which are likely to add to our patent portfolio. At the same time as we were refining our product, we had a focus on how we would scale operations. This led us to find various improvements that became a monthly or even weekly event. Collectively these improvements make us better in terms of quality, reliability, and efficiency. Just a huge step forward technologically! Surprisingly, we did it during a pandemic. The customer side was what we thought we might be missing out on. We did have discussions - mostly virtually, but that is somewhat lacking when demonstrating a new product. We did pretty well moving some initiatives forward virtually. We are now finally out talking with people in person and the response is so great! A couple weeks ago, we were at the Smart Cities conference in Columbus where we had great interest. Discussions were way beyond how does it work? and on to where to put the first route for a city and how to fund it. Many city officials had said that this was the first in-person conference that they have attended since the pandemic started. They are excited to get things done, so the pace of discussions is faster. The historically large and green infrastructure act in the US is another huge driver. The resilience of our systems is greater appreciated now. While the pandemic has waned (at least in the US) no one is really sure if is truly over. Our individual and small group vehicles are much safer in any type of respiratory contagion event than big subways, light rail vehicles or buses. We are socially distanced. In terms of resilience, our elevated tracks are also much better in other big emergencies such as flooding, large snowfall, or hurricanes (we don't run during them but can be up quickly afterward). Now that the pandemic is mostly over, I am so glad that we made so much progress and that we are in a very good position. - Q: Do you have plans to expand in the Middle East, especially the city of NEOM in Saudi Arabia - A: Hi Omar - we are looking at most countries in the world as our ultimate market. A number of countries in the Middle East like and appreciate the best new technologies. They are early adopters and a great fit for what we offer. We have had some initial discussions with a few different people working on the NEOM project and it looks like Swift Rails could be a very good match. Conceptually, pairing new technologies such as Swift Rails with the construction of new cities makes a lot of sense. For these ambitious projects, matching up transformative technology with a grand future plan can achieve some awesome results. In addition to NEOM we are talking with several other locations that are looking to construct some of the new cities of the future. We are very excited about these and look forward to being a part of them. - Q: 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, ...? - A: 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 record but was expensive to build. The vehicles they use are really more like bus size with 20 passenger capacity. Suncheon is a 10 person capacity system. Heathrow is a little smaller but their pods are still like a mini-bus. We went about it a different way. The car is the most dominant form of transportation in the world. Most trips - 85% in the US are single occupancy. Why have a 6 or more seat vehicle weighing 4000 plus pounds to move a 200 pound person? This can never be efficient or sustainable. We set about to design a light weight, efficient vehicle, that was comfortable, fast, and looked good. These were the things that people want in a car and are some of the reasons we seem to have wide appeal. Our lighter weight vehicles also reduce the system costs of the track. This may not be an exact analogy, but consider the car was around for about two decades before it became really popular when Henry Ford came up with a way to make it affordable to the masses. Much of what we are doing at Swift Rails is to get this out to the world at scale. This should be great for our environment, individual safety, and our economy. We also thinks it makes for a great business. - Q: Hello Kevin, my wife and I are interested in investing in this company. We would like to know when will it close. Thank you in advance for this information. - A: Great! - we look forward to having you as shareholders for what we think will be a great ride (some pun intended). The closing date is scheduled to be July 30, 2022. It can end earlier however if we hit the maximum amount which oddly is $534,996. We are about halfway there now. At this current rate of investments we would close ahead of time so I would suggest investing as soon as you are able so that get in ahead of the close. Many thanks, Kevin - Q: 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? - A: 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 pay. This is a big deal for our economics, building and extending lines, and return for shareholders). For a commuter or college student, a monthly pass might work best. For a tourist destination, daily passes, one time tickets, or bundled packages that include Swift Rails may work best. Luggage vehicles can bundled into the pricing as well. Riders need to book their rides ahead of time. They can either do that from their phone, computer, etc. or do it right at the station. We will use predictive analytics to determine where to place vehicles at certain times and days of the week and known events, so even if you haven't booked before you get to the station, the wait shouldn't be too long. - Q: Hi, I'm really interested at green technology, however, I do wonder few questions hope you can provide some information. 1. what's your advantage (technology, etc) compare to peers at transpotation innovation, also, is the technology fully developed and ready to deploy immidiatly? 2. what's your expansion plan, for example, which city and when we are expecting to see it's running; 3. after viewing your model, I wonder if your technology is more suitable for a industrial park rather than city environment, given the capacity (1 person) of each vehicle. At last, although we are love green technology, really curious if is it the energy system make it more efficient and cheaper than tranditional transpotation instrument. - A: Thanks for the questions Chen. 1 - we have several advantages - lower cost, higher energy efficiency, greater comfort, and fastest point to point service. This compares to everything that we know to be out there and in development and we are ready to deploy. 2 - we are in discussion with over a half dozen locations where we believe that we are the frontrunner. Which city is first is not entirely in our control so I'm not going to speculate. The projects being discussed typically start with a first demonstration and can have values in the many hundreds of millions of dollars. Starting times could be within months on some projects. Our expansion plan is to be able to mass produce track and vehicles to meet demand which could reach over a billion dollars pretty quickly. 3 - Currently 85% of trips made in the US are in single occupant car/truck. We showcase the single person vehicle but also make a 2 and 4 person vehicle and can make some specialty vehicles for things like a ski resort. Green efficiency - we started out to make the most efficient way to get people to their destination in as quick and comfortable manner as possible. On this, I think we have done a great job... beyond my expectations. But even more than that, I am surprised at how much more efficient translates to lower costs. Theoretically it should but it doesn't always do so. Since we were starting from the ground up we were able to weigh many of those cost/benefit pieces and come up with a great system that doesn't cost that much. I think we made good use of the time during the pandemic to really refine the manufacturability of our systems. - Q: 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 tough undertaken due to a lack of commercial space obviously. How do you intend to convince city leaders to go along with you? - A: 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 conversations to date with city leaders have been very positive. Mayors, city planners, transportation analysts, and others have liked the concept and been surprisingly helpful. We use several hundred times less ground space than a typical railroad or road, so we can fit in many spaces that other technology can not. As we look at potential routes we are looking to those locations where we are compatible with the land use and will improve the city. While there are some routes we are not a good fit such as those with extensive overhead wiring, there are other routes such as following bike paths where we are the only type of transportation that is compatible. - Q: Last update was almost 2 years ago, is there any progress? - Q: Has there been any dates set for when the first of these will be built? If so, where? Thanks! - A: Hi Kyle, We will announce them as soon as our clients give us the go ahead to do so. We are looking forward to doing so. Thanks, Kevin - Q: I have seen various closing dates, but none seem conclusive. Is there a current closing date in effect? - A: Hi Brian - sorry for the confusion. The closing date is in November unless we sell to the maximum raise amount of about $550,000 before that. We had some people ask for us to extend the closing date and we might have some news to announce before then. - Q: I love this concept! I'm interested investing, but the share price is extremely high for the stage and valuation. Can you explain why? Also, what round of funding is this? - A: Thanks Marisa. Quickest answer is scale. Swift Rails is not the simplest thing to conceive, build and implement. When comparing valuations to consumer products our business is very different. Let's compare Swift Rails to a consumer product company that has a selling price of $100/unit. Investing is typically a simple set of questions - is the product good? how are sales? is there traction? is the market big enough? how well do they compete? can they expand? The analyses can be complicated but it is a look at how revenue is growing that largely determines valuation. Compared to that $100/unit item the big difference is that a Swift Rails system price is likely to be 1 million to 10 million times larger ($100 million - $1 billion are likely fully built out systems). Success as an investor is likely to be very large when we achieve a very small number of sales. Thanks, Kevin - Q: Will this rail be exclusively all electric system. I am intrigued by the green energy move. Thank you. - A: Hi Herman! Yes, the system is all electric. The origin of Swift Rails goes to answering the question of how do we get to entirely sustainable transportation? Lightweight, low rolling resistance and excellent aerodynamics powered by renewable energy was the answer. Surprising how many other things it improves - faster, safer, more resilient, greater convenience, etc. - Q: Is this only going to be short hauls within a large metro area? Will long haul to LA to Vegas also be done? Or cross country? - A: Good questions Carol. Our near term focus is on the shorter distances of a large metro area. We can be a good fit on some longer haul routes like LA to Vegas. And we don't think we are the best transportation for going cross country. 95% of all trips are under 50 miles, so there is a great need and a big market for this local travel. Swift Rails is a faster way to get around for local travel as we are not slowed by surface traffic and congestion. We are also more convenient as the vehicles are autonomous and private so you can spend your time doing something useful or enjoyable on the trip. For a trip like LA to Vegas, the total distance is less than 300 miles, so we likely would take around 2.5 hours which would be comfortable and relatively fast. Now if we had fully built out systems in both LA and Las Vegas, the value proposition might be better - anywhere in LA to anywhere in Vegas in less than 3 hours. So our near term focus is on local travel but we will look at these longer connecting opportunities of 100-300 miles when they make sense. As for going coast to coast with Swift Rails, it will not be the fastest but it could be a lot of fun if you have time to stop and visit friends/family and see some sites along the way. If you got tired looking out the windshield at the scenery you could catch a nice long nap safely between stops. - Q: 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 might be too small or too large... Is there a more spacious "carriage" for those people? On my own questions: - When it comes to functionality of the rails, are the rails going to have closed or open tracks? For example, Lower Manhattan would have a separate "circular track" from Middle and North Manhattan? - What is the maximum amount of carriages -plus people- that a track can have at any given moment? I am asking this because the poles for the rail-track in the presentation seem rather thin... And what is the weight limit of "carriages" -plus people- per section of rail-track? The intention behind my questions is to know how many people can your rails transport at any given moment. Best regards, Miguel Costa - A: 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 station. For students this is about 10 seconds. For others that need more time, this may be a minute. That said, we will also have special vehicles that can be ordered up that can have special uses. A track has the capacity for a vehicle every 2 seconds, which is the same capacity as a road if everyone drove perfectly. We get considerably faster throughput because we don't have stop signs, left hand turns, etc. Weight for a single person vehicle with rider and luggage is going to be in the 600-800 pound range. As far as a maximum weight, a 4 person vehicle (with longer wheelbase) could hold 4 - 400 pound people with a little luggage. All the tracks are for one way traffic (improves safety and speed). Most lines are tracks both ways. For high volume traffic areas, we can attach multiple tracks to a slightly thicker pole coupled with a stronger foundation.