In early 2024, CKS Finance advised CitySwift on its €7m fundraising round to support its expansion plans, as it plans to double its workforce. The funding round, led by Gresham House Ventures with a €5 million investment, brings to €13 million the total amount raised by the Galway-based company to date.
CitySwift is a tech-driven data analytics platform focused on the public transport network. It uses big data analytics and machine-learning algorithms to increase public transport network performance, service reliability and passenger satisfaction.
The funding will be used to grow its workforce and further scale its platform development and end-to-end client services. The Company, which employs 50 people, plans to increase that to 100 by the end of 2025.

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