Deals

Fundraising for CitySwift

Developer of intelligent transportation data software

Background

CitySwift is an Irish-founded company that leverages artificial intelligence (AI) and data analytics to optimize public transport networks. Established in 2016 by Brian O’Rourke and Alan Farrelly, the company is headquartered in Galway, Ireland. CitySwift's platform assists public transport authorities and private operators in enhancing service efficiency, reducing emissions, and improving passenger satisfaction.

Deal Summary

Advised CitySwift, a developer of intelligent transportation data software, on its €7 million funding round to support its expansion plans in January 2024. The round was led by new investor Gresham House Ventures, supported by existing investors including Act Venture Capital, Irelandia Investments and the Western Development Commission. 

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Conor Sheahan

CKS Finance

T: +353 87 2349964

Becky Gordon

CKS Finance

T: +353 85 747 9857