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Swipely Tops $2 Billion in Annual Sales Managed; Launches Summer ’14 Release

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Swipely is celebrating its new Summer ’14 release with an announcement that the company has surpassed $2 billion in annual sales managed for its customers. The high mark comes as Swipely reports a doubling of sales under management in just six months.

The Summer ’14 update will allow Swipely to work with larger hospitality and retail brands, says Swipely founder and CEO, Angus Davis. On four levels, focusing on customers, analytics, reviews, and access controls, the new features of the Summer ’14 release give merchants the ability to better track operating performance and manage customer relationships across multiple locations.
Swipely works for a large range of business types – from brick and mortar retailers and restaurants to ecommerce websites. The company says its technology provides insights into the behavior of more than 10 million consumers.
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Founded in 2009 and headquartered in Providence, Rhode Island, Swipely has operations in more than 40 states and more than 500 cities in the U.S. With 103 employees, the company has raised more than $20 million in funding from investors including First Round Capital, Greylock Partners, Index Ventures, and Shasta Ventures.
Swipely demoed its Payment Marketing solution at FinovateSpring in 2012 See a video of the presentation here.