Swift Ride on Wefunder

View details of this raise on Seedstage

Cumming, GA

Scaling an app-based vehicle access platform to meet growing demand from gig workers.

  • Revenue traction: The company has demonstrated strong monthly recurring revenue growth.
  • High user demand: Waitlist is oversubscribed, indicating unmet market need.
  • Tech-enabled operations: End-to-end vehicle management is handled via a proprietary mobile app.
  • Equity structure: Separate fleet entity reduces risk to equity investors.
  • Targeted expansion: Focused geographic rollout based on concentrated gig worker populations.

Swift Ride provides vehicle access to gig workers through a flexible car subscription model managed entirely through a custom-built mobile app. Designed specifically for rideshare and delivery drivers, the platform eliminates the traditional barriers of car ownership such as loans, credit checks, and unpredictable maintenance costs. Subscribers can choose a vehicle, unlock it, and manage their rental with no long-term commitment, all through a fully digital interface. The service is structured to meet the specific demands of high-mileage gig drivers, including unlimited mileage, rideshare eligibility, and 24/7 roadside support.

The company is raising funds to expand its engineering and support teams, grow into additional metro areas beyond its initial Atlanta market, and enhance its platform with new integrations and operational capabilities. By separating its fleet operations from its technology business, Swift Ride aims to scale without exposing equity investors to vehicle-related risks. With demonstrated user demand, a fully subscribed waitlist, and foundational systems in place, the business is focused on increasing its market presence and refining its model in new cities. The capital from this offering will help execute a phased geographic expansion, improve user experience through product development, and increase marketing efforts to attract more gig drivers to the platform.

Company Info

Swift Ride offers a flexible car subscription platform tailored for gig economy drivers to access rideshare-ready vehicles without loans or long-term contracts.

Swift Ride is a car subscription platform designed specifically for gig economy workers such as drivers for Uber, DoorDash, and Instacart. Based in Atlanta, the company offers a fully digital, app-based service that enables users to subscribe to vehicles without loans, long-term contracts, or credit checks. Subscribers can access, unlock, and manage their vehicles directly through the app, and benefit from unlimited mileage, same-day maintenance, and commercial insurance. The platform aims to eliminate the financial and logistical barriers gig drivers face with traditional car ownership or rental models.

Since launching, Swift Ride has generated over $900,000 in revenue within 22 months and demonstrated strong month-over-month growth. The service has an oversubscribed waitlist and continues expanding in its beachhead market of Atlanta while preparing for growth into Miami and other major U.S. cities. By maintaining a separate entity for fleet ownership and concentrating its main operations on the tech platform, Swift Ride optimizes for capital efficiency while reducing investor risk. The company’s model is built to address a significant gap in vehicle access for gig workers, targeting a $12B+ subscription market opportunity with scalable, tech-driven infrastructure.

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