About Swift Navigation
Swift Navigation provides precise GNSS positioning technology that improves location accuracy from several meters to centimeter-level. Their main products include the Starling® positioning engine, which is a software solution for accurate positioning, and the Skylark™ service, which offers cloud-based GNSS corrections worldwide. They also offer hardware like the Piksi® Multi and Duro® RTK receivers, which deliver high accuracy at a low cost. Unlike competitors, Swift Navigation focuses on making their technology accessible for various industries, including automotive and robotics. The company's goal is to enhance safety and efficiency in transportation and automation through reliable positioning solutions.
San Francisco, CaliforniaHeadquarters
2012Year Founded
$192.2MTotal Funding
SERIES_DCompany Stage
Data & Analytics, Robotics & Automation, Automotive & TransportationIndustries
51-200Employees
Risks
Increased competition from startups may erode Swift Navigation's market share.
Alternative technologies like LiDAR may reduce demand for traditional GNSS solutions.
Carnegie Robotics' acquisition of Duro line could strengthen competition in high-precision GNSS.
Differentiation
Swift Navigation offers low-cost, high-accuracy RTK GNSS receivers, a market first.
Their products deliver 100 times better accuracy than standard cell phone GPS.
Swift Navigation provides an end-to-end GNSS solution, including hardware, software, and cloud services.
Upsides
Partnership with SK Telecom accelerates AI-powered location-based product deployment in Korea.
Collaboration with Calian simplifies integration of precise positioning into location-based products.
Launch of Partner Program aims to accelerate mass market deployment of GNSS technologies.
Funding
Total raised$192.21 M
Latest valuation$500.00 M
StageSERIES_D
SERIES C
1/31/2021$50
$250.00 MSERIES B
5/31/2017$34
$170.00 M$3
$13.00 M