Swivel

Swivel is a workspace network where agile leasing gives member companies the freedom to move when office needs change.

Swivel is on a mission to transform the entire office leasing experience for landlords, brokers, and tenants alike.

Swivel was founded in 2016 by Scott Harmon, David Proft, and Wade Cohn. The company is headquartered in Austin, Texas.

 

Swivel enables pre-qualified member companies to contract with its landlord partners for creative, turnkey office space on flexible terms with little or no up-front capital expenditure and no lease lock-in. Landlords use Swivel’s agile leasing platform to backstop their leases for member companies, eliminating the risk and uncertainty usually associated with offering more flexible lease terms.

 

Swivel has signed up more than 30 landlords representing more than 150 properties across Austin, Dallas and Houston. Backed by Swivel, these landlords have consummated agile leases with a wide variety of both venture-backed tech startups, as well as multinational companies that require flexibility for their satellite offices.

 

Swivel is backed by Breyer Capital, JLL Spark, First Round Capital and others. The company raised $8M in a Series A round on Feb 18, 2020. This brings Swivel's total funding to $12.8M to date.

 

 

  • Year founded: 2016
  • Funding Info: $12.8M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Austin
  • State: Texas
  • Country: United States
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