Early Stage

Personal Electronic Transporter (PET) sharing systems

Personal Electronic Transporter (PET) sharing systems


Funding data not publicly available


Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Convertible Note

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap




Year Founded



Transportation, Automotive, Aviation, & Aerospace

Tech Sector



San Mateo, California

Swiftmile, with a valuation of $4 million, is raising funds on SeedInvest. The company manufactures Personal Electronic Transporter (PET) sharing systems for first and last-mile commuters. Swiftmile’s eBikes are locked into their solar-powered charging systems and can be opened and used through the company’s app. The business is helping cities and universities reduce smog, ease congestion, and provide a clean and green alternative to autos. Colin Roche founded Swiftmile in January 2015. The current crowdfunding campaign has a minimum RegCF target of $100,000, a minimum target for the combined offerings of $200,000, and a maximum target of $250,000. The campaign proceeds will be used for hardware and software development, pilot inventory of Swiftstations and Swiftbikes, and salaries.

Summary Profit and Loss Statement

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FY 2016 FY 2015




Accounts Receivable



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Financials as of: 04/02/2017
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Swiftmile on SeedInvest 2017
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $4,000,000

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