Announced
Completed
Synopsis
Cove Hill, a long-term oriented investment firm focused on partnering with outstanding management teams to build market-leading technology and consumer companies, completed an investment in Swiftly, the transit data platform for agencies to share real-time passenger information, manage day-to-day operations, analyze performance and ridership data, and improve service reliability. Financial terms were not disclosed. “We have been impressed from day one with Swiftly’s innovative approach to transforming the public transit industry,” Brian Hersman, JMI Equity Partner.
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