Swytch
Electric bike conversion kit
- 21-100 employees
- B2C
- Sustainability
- Transport
- Mobility
- Fish Island, London, UK
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Company mission
Swytch's mission is to make electric transport accessible to everybody, contribute to a more sustainable transport ecosystem and be part of the bigger picture of combating climate change.
Our take
Demand for affordable eBike solutions has seen a growing range of electric bike conversion kits launched by inventive companies, who have spotted a potentially lucrative gap in the market. Swytch is one such company, that has created an affordable, lightweight and instantly removable eBike conversion kit, composed of a replacement front wheel with hub-mounted motor and a removable power pack that works on any bicycle type.
Swytch won the London Mayor's Clean Tech awards in 2019, and followed this with a grant for research into the development of a hybrid e-bike sharing system based around a small pocket-sized battery. Since launch, it has acquired over 75,000 customers, and ultimately aims to have converted one million bikes to electric with the Swytch Kit by 2025.
Following a huge surge in interest in cost-effective eTransport solutions - spurred on by the cost-of-living crisis - Swytch announced the Go, which is expected to cost less than £500. It has also secured considerable funding that will support further expansion in the UK, US, and European markets, as well as help improve delivery times and establishing new retail partnerships.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Flexible hours - core hours of 10-4pm
- Free Swytch Conversion Kit
- ePenny Farthing Lessons
- Uncapped holiday
- Employee Assistant Program
- Discounted gadgets
- Cycle to work scheme
- Discounted meditation app
- Regular socials, virtual and in-person
- Remote working - work where you work best
Funding (last 2 of 5 rounds)
Nov 2023
$4.4m
EARLY VC
Mar 2022
$4.9m
EARLY VC
Total funding: $11m
This company has top investors
Leadership
Oliver Montague
(CEO)Background in electrical engineering and founder of e-commerce electric bike business Panda eBikes.
Dmitro Khroma
(CTO)Royal Academy of Engineering Leader's Scholar and University of Bristol Engineering Design graduate.