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Swift Rails, Inc.

5x faster and 40x cheaper than traditional transit

Last Funded December 2022

$695,114

raised from 480 investors

Highlights

1
Outstanding customer reaction to our cool, zero-emission and semi-autonomous transit vehicles
2
Disruptive innovation for transportation, the world's second largest market
3
Strong structural tailwinds, global green push highlighted by US $1.2 trillion Infrastructure Act
4
Great team - CEO led a public company that completed 50,000 projects in over 100 countries
5
Growing sales pipeline already has $200 million in good-to-excellent opportunities
6
We've spoken to hundreds of transportation professionals and they love our concept
7
We have extensive experience selling and delivering solutions globally on multi-billion-dollar projects
8
Celebrity investors-Jack Greco, founder unicorn ACV Auctions, Dave Leggio, Olympian / former NHLer

Our Team

We are passionate about the environment. Transportation is the largest source of greenhouse gases and a multi-trillion dollar market. It’s a place where we can have a big positive impact. The number of vehicles doubles every 20 years and we are running out of room for more roads. The path we are on is simply unsustainable. We can do much better!

5x Faster and 40x Cheaper

Swift Rails is a new type of on-demand transit that is 5x faster and 40x cheaper 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.


Ten Years Ago Our CEO Gave a Speech at the UN...

Our CEO presented to world leaders at a conference on Climate Change. His description of what an ideal form of transportation would look like evoked such an impassioned response from those leaders that it ended up changing his life.

Kevin Neumaier speaking at the UN Climate Change Conference, Copenhagen 2009


From That Concept We Developed Something Truly Exceptional...


How Swift Rails works.



The Massive Transit Market has Lacked Extreme Innovation

Cars are undergoing somewhat of a revolution and it’s time transit did as well.

Our elegant solutions to these and other issues will expand transit use.

We Make Installing Transit Easy by Radically Changing the Cost Equation

Our 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.

The World's 2nd Largest Market (Transportation) Has Big Problems and is On An Unsustainable Path - it's Also a Huge Market Opportunity

The transportation market is enormous, $4.8 trillion globally, and facing increasingly problematic issues. In 1900 there were just 8,000 automobiles and 10 miles of paved road in the U.S! In 2016 there were 1.3 billion cars on roads worldwide, and they continue to double every 20 years – we are running out of space to build new roads where they are needed.

The limitations of the automobile-based system are clear:

• 8.8 billion hours (1 million years!) wasted in traffic jams annually in the U.S. alone

• World's single largest source of carbon – 5.8 gigatons annually

• Autos are dangerous - #1 cause of death globally for 5 to 29 year olds

In short, it makes no sense to move around 200lb people using 4,000lb vehicles on rubber tires rolling over asphalt roads. 

Public Transit Is Supposed to Be the Solution but It's Not Working for Most Places

Mass transit is prohibitively expensive and incredibly hard to put in place:

• Typically multi-billion dollar projects requiring huge taxpayer subsidies

• Take 10+ years to build and construction is highly disruptive to the community

• Crucial political support can be hard to secure

Even when transit is available, most people prefer to use their own car due to the hassle:

• Inconvenient and inflexible schedules with long travel times

• Crowded carriages - difficult to find seating, uncomfortable, germs and diseases

• You never know who you’re riding with

Swift Rails Is a Much Better Solution for Social Distancing Than Current Transit

Crowded transit is now perceived as unsafe as it is uncomfortable – long lasting impact on passenger behavior is an industry concern.


And We Offer a Really Comfortable Way to Get Around

Personalized transit:

• Hail on demand, your schedule is our schedule

• Travel in privacy in a first-class climate controlled seat

• Travel direct to your stop, no stopping at other people’s stops

• No creeps or obnoxious people to deal with

Better than a car - no traffic, stop signs, lights or idiot/drunk drivers to deal with.


People Who See Our Vehicle Love Our Concept

Just 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 all want Swift Rails in their hometown, and many are bursting with ideas of other places where it would be great.

We Will Expand the Transit Market by Bringing it to Small Cities

Due to prohibitive cost, 95% of suitable cities do not have transit – we can change that!

Our radically lower capital cost and profitable operation enable installation of transit systems that are essentially self-funding.

The above addressable market represents the opportunity of putting Swift Rails in 4,000 small cities and augmenting existing systems in 200 large cities.

Short Path to Big Returns

We do not sell $25 widgets or software subscriptions - large individual sales expected to fuel a step-change in growth and valuation.

*Estimates based upon desktop calculation of initial system sales assumptions. Initial systems can easily be expanded, resulting in additional revenue.

Increasing Traction in Sales Pipeline

With limited marketing to date, our sales pipeline continues to grow to approximately $200 million of good to excellent opportunities.

$1.2 Trillion infrastructure bill perfectly timed to fuel rapid sales growth.

*ranking based on level of major organization support, funding, route planning, route use case, and other factors

Transportation is a $5 Trillion Market Undergoing Transformational Change

Capital is flowing into transportation solutions as investors recognize historic opportunity with transportation innovators.

We Fit The Goals of the New $1.2 Trillion Infrastructure Bill

- Climate change - zero emissions

- Expand transit at lower cost and greater rider benefits

- Build America buy America

- Innovative solutions

- Reduce wildlife collisions

- At risk coastal areas (elevated) and resiliency (COVID variants)

- Alternative financing and public private partnerships

- And more...

Almost Endless Room for Expansion

Swift Rails is lower cost than conventional transit and elevated roads from day one. As we get to scale we expect to be a cheaper to install than a new surface road. Building a road cost about $1 million per lane-mile, but that doesn’t include many costs:

• The cost of the autos – ownership, insurance, wear and tear, depreciation

• Annual road maintenance of $50,000/lane mile

    • Cost of parking spots at businesses, stores, homes, schools, road-side, etc. This is a massive hidden cost. An estimated $725 billion is spent annually on parking in the U.S. alone, more than three times total expenditures on public roads. For each dollar motorists spend directly on their car somebody bears more than 50¢ in parking costs.

    • The high costs relating to loss of lives, injuries and property damage

Each year there are:

    • 24 trillion passenger miles traveled

    • 5 trillion passenger trips

We expect to capture a significant portion of this market:

This Is the Perfect Time to Invest in Swift Rails

Big structural tailwinds:

     • Passage of $1.2 trillion infrastructure bill in the U.S.

      • Global push for decarbonizing has accelerated

Consumer Readiness

    • Ride hailing adoption over vehicle ownership (Uber, Lyft)

    • Traffic congestion is becoming unbearable

    • Willingness to accept new solutions (scooters, autonomous vehicles)

High Level of Disruption in Transportation

    • Climate change awareness is driving megatrend changes

    • Substantial shifts to electric vehicles

    • Movement to service models over vehicle ownership

Recent Advances in Technology

    • Autonomous vehicles

    • Electric and hybrid technologies

    • Low-volume manufacturing    

Some of Our Progress to Date

Working indoor and outdoor test tracks 

1,000+ rider touch tests of prototype vehicle

~$200 million in good to excellent project opportunities in a growing sales pipeline

Earned support from elected officials, universities and a leading U.S transit agency

Regional transit agency and key stakeholder support for Niagara Falls, NY project

International interest for multiple projects in the UK and Europe

Won NYSERDA Cleantech Internship grant - $220,000 potential value

Finalist to present at Smart City Startup Challenge in April 2022

CEO Kevin Neumaier to be a keynote speaker at Smart Cities Connect in April 2022

Developed partnerships that deeply enhance key capabilities:

Milestones and Funding

We are seeking funding to complete first pilot project and

accelerate business development

Your Investment Will Introduce Transportation That Changes the World

Solving 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 livable

Making a Great Return

    • Things that transform the world have great returns on investment

We 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


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Overview