Advised CitySwift on its €7m funding round to support its expansion plans, in January 2024.

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.

Similar Deals

Advised Bounce Insights, an AI-powered market research platform, on its $4.5 million fundraising in November 2024. Led by Act Venture Capital, the round was also backed by Irrus Investments, Enterprise Ireland, Digital Irish Ventures, lan Kiernan, Paul Gannon and some existing shareholders.

Advised Slicey Pizza on its fundraise from a consortium of private investors in October 2024. Founded by experienced food industry entrepreneurs, Slicey is the world’s first airfryer pizza brand and has secured several deals with major multiples.

Advised BCS Xpress, an Irish logistics and supply chain solutions business, on the trade sale of the company to Neele-Vat in September 2024. Neele-Vat is a global logistics service provider located in the Netherlands.

Advised the McNally Group, a premium kitchen company, on the trade sale of the company to Nobilia in July 2024. Based in Germany, Nobilia is one of Europe’s largest kitchen and bathroom furniture manufacturers, with annual turnover of €1.7 billion.