Swingvy is an online platform that provides human resource services. The company primarily caters to small- and medium-sized enterprises across Asia. It is based in Malaysia, Singapore and Korea. The article reports that Swingvy raised $7 million in a Series A funding round. The funding round was led by Samsung Ventures. The article does not provide additional operating metrics or future-plan details. Swingvy offers an affordable cloud-based HR software suite for small businesses, with features including onboarding, leave requests, payroll processing and expense reporting. The company launched its SaaS in October in Malaysia and Singapore and plans to enter Indonesia next. Swingvy uses a freemium model: the core HR product is free and employers pay subscriptions for features like automated payroll, bank integration and benefits management. It is based in South Korea and Malaysia and targets businesses that still rely on spreadsheets and paper forms. The company claims over 1,000 companies have signed up so far. Founder Jin Choeh drew on his experience in technical sales at AhnLab to build the product and go-to-market approach.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2019