# Swarm funding: rounds and investors

> Swarm has raised $11M across 2 rounds since 2023. Investors include Plug and Play, Hustle Fund and Serra Ventures. Every round with its source.

Source: https://millionrounds.com/company/swarm (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Swarm*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space IT Services

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$11M** raised across 2 rounds since 2023, from 2 sources

**$1.1M** Pre-seed **$10M** Series A

- **Latest round:** Series A, $10M Jun 2026
- **Step-up i:** 9.1×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025 2026

**$1.1M** Pre-seed

**$10M** Series A

- **First round:** Pre-seed, $1.1M
- **Biggest round:** $10M
- **Between rounds:** 2.6 years

## The rounds

- **Jun 2026** Series A **$10M** *1 new* [Serra Ventures](https://millionrounds.com/fund/serra-ventures) Source recorded
- **Nov 2023** Pre-seed **$1.1M** *2 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Hustle Fund](https://millionrounds.com/fund/hustle-fund) Source recorded SEC filing: $5.9M sold, first sale Oct 2023

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Pre-seed** 2023 **Series A** 2026 [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Hustle Fund](https://millionrounds.com/fund/hustle-fund) [Serra Ventures](https://millionrounds.com/fund/serra-ventures)

## Everyone who backed them

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Hustle Fund](https://millionrounds.com/fund/hustle-fund) VC firm **1** round

[Serra Ventures](https://millionrounds.com/fund/serra-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=swarm).

## Quick answers about Swarm

### Who invested in Swarm?

Swarm's investors include Plug and Play, Hustle Fund and Serra Ventures.

### How much has Swarm raised?

Swarm has raised $11M across 2 rounds since 2023.

### When did Swarm last raise?

Swarm's most recent round was a Series A of $10M in Jun 2026.

### What was Swarm's biggest round?

Its most recent round, $10M in Jun 2026, is also its largest on record.

### Who backed Swarm first?

Swarm's first round on record, in Nov 2023, was backed by Plug and Play and Hustle Fund.

### What stage is Swarm at?

Swarm's latest named round is a Series A, in Jun 2026.

### Where is Swarm based?

Swarm is based in the United States.

## Companies like Swarm

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Jeevy Fabrication** Oct 2026](https://millionrounds.com/company/jeevy-fabrication)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)

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