Japan · Venture startup
Funding summaryUpdated 26 Oct 2026
$51Mraised across 8 rounds since 2014, from 8 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
No investor was named in the report.
From a historical funding record
No investor was named in the report.
From a historical funding record
Swell filed one raise, $32K in all. Filings say how much was sold and to how many investors; they never name the investors.
From Swell's own website: 1 founder, 3 on the team.
AdvisersJim HughesZack SensingKyle Olson
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Citibank
Mitsubishi UFJ Capital
Headline
Cultivation Capital
Commerce Ventures
Framework Ventures
Apollo
Bonfire Ventures
Maven 11 Capital
Keyhorse CapitalFrom historical deal records. Wrong? Tell us.
Missing a round, or an investor who was in one? Tell us.
These 2 firms list Swell as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Swell's investors include Citibank, Mitsubishi UFJ Capital, Headline, Cultivation Capital and Commerce Ventures, and 6 more on record.
Swell has raised $51M across 8 rounds since 2014.
Swell's most recent round was a Venture of $1.6M in Feb 2025.
Swell's largest round on record is $20M (Series A), in Jan 2022.
Swell's first round on record, in Jan 2022, was backed by Headline, Commerce Ventures and Bonfire Ventures and 1 others.
Swell's latest named round is a Venture, in Feb 2025.
Swell is based in Japan.
In the same sector, and raised in the last eighteen months.
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Japan · 
