SwimSmart Technology

SwimSmart Technology

Private
Marquette, MichiganFrontier & Industrial Techhttps://swimsmart.tech

Last Round

Seed

Feb 20, 2025

Total Funding Raised

$470,000

Company Overview

SwimSmart Technology LLC is a public safety and hardtech company that provides innovative technological solutions for beachfront safety management. The company's flagship product is a smart beachfront safety tower that features automated, color-coded notification lights connected to National Weather Service data to provide real-time warnings about dangerous waves and currents. The solar-powered towers can also include electronically triggered life ring cabinets, cameras, and serve as internet base stations. The company was formed in 2020, evolving from a project started by Michigan Technological University engineering students in 2017 to address the shortcomings of traditional beach flag warning systems. SwimSmart aims to reduce drownings and improve emergency response times by making beach safety information more accurate, automated, and accessible.

Sector

Frontier & Industrial Tech

Verticals

IoT Hardware, Environmental Monitoring, Private Networks, Sensors

Business Model

B2G

Customer Profile

Government Contracts, Hardware + Subscription, Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

beach safety systemB2Gautomated warning systemGovTechwater safety technologysmart safety towerdrowning preventionrip current alertspublic safety technologyhardware and subscriptionreal-time alertssmart beach technologyenvironmental monitoringIoT hardwaremanaged connectivitytechnology integratoremergency callbox

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SwimSmart Technology Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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SwimSmart Technology Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 20, 2025
GrantJun 14, 2022

SwimSmart Technology Investors

Notable investors and investment history

SwimSmart Technology Filings

SEC and related filings with document metadata.

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SwimSmart Technology Filings

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Firmographic Details

HeadquartersMarquette, Michigan
Year Founded2020
Last FundingFeb 20, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.