Swyft Cities
Transforming cities through better transportation
$263,740
Highlights
VC-Backed
Raised $250K or more from a venture firm
Investment Memo
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Growing and supporting startups at the intersection of technology and urbanism
urbanist.vc“Swyft Cities presents a bold new path to producing great urbanism and thriving places at scale. Their revolutionary approach promises to be as transformative for global real estate as railroads and elevators. Swyft Cities is poised to create, and capitalize on, trillions of dollars of real estate value. Cities and urbanism are engines of progress. We aren't building anywhere near enough great urbanism, and it's holding humanity back. Mass transit is critical to urban growth, but it's notoriou...”
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Our Team
Transforming Cities Through Better Mobility
We all know traffic is getting worse and current mass transit isn’t working. New solutions are needed so people can easily go where they need to quickly, conveniently and sustainably.
More people are moving into cities around the world, even in places that rely on transit. There is a huge unmet need –and incredible opportunity – to introduce something revolutionary.
Swyft Cities is a spinout from Google with an incredible team that is bringing an amazing new technology to the world, called “Whoosh.” Autonomous and on-demand technologies mean exciting new capabilities. With Whoosh, every trip is non-stop with no intermediate stops. You quickly and comfortably fly over traffic and pedestrian obstacles. Vehicles are waiting for you at the station instead of the other way around. Just board and you’re on your way as soon as you’re ready.
Sit back and relax. Enjoy a cup of coffee. Text your friends. And maybe share a couple of snaps as you enjoy the great view.
Our lightweight, flexible infrastructure means systems can be built quickly. And systems can also easily expand as demand grows or regions continue to develop. Whoosh systems can be flexibly sized to accommodate everything from small real estate developments to vast networks covering entire cities, as well as everything in between, such as this potential network configuration
And Whoosh vehicles aren’t the only things that are moving quickly. The hardware pilot will break ground shortly at a large real estate development in New Zealand. And we are in discussions with five cities in the Dallas area for the first U.S. pilot system.
We have a flood of inquiries and our sales pipeline is already maxed out. We are in discussions for more than a dozen projects globally that each have a >50% likelihood of closing. Most of these projects are in the $40-60m range for initial stages, which become footholds for major expansion opportunities.
We have a fast sales cycle and have shown that we can close initial study contracts as soon as 60 days and begin revenue generation from new customers.
Swyft Cities can become one of the biggest companies the world has ever seen. The worldwide market is huge, with a vast range of potential customers who could benefit from Whoosh. Private sector customers can move quickly, and cities have significant needs. A single large city can generate more than $1 billion in lifetime revenue.
The Total Addressable Market (TAM) for mobility alone is massive:
And that’s just the beginning. Just like the railroad companies who built the American rail networks in the late 1800’s & early 1900’s, we will leverage opportunities to capture the significant land appreciation that will happen near Swyft Cities stations.
We envision a world in the near future of vibrant, walkable, sustainable cities. Whoosh’s convenient mobility is woven into the fabric of everyday life, creating true “Swyft Cities” where people will want to live, work and thrive.
Come join us in creating a better world for everyone.