Swae

company

About

Swae is an AI platform for idea meritocracy and decision-making

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$750K
Industries
Artificial Intelligence,CivicTech,Enterprise Software,Innovation Management,Machine Learning,Smart Cities,Software
Founded date
Jan 1, 2018
Number Of Employee
1 - 10
Operating Status
Active

Swae is a platform that organizations deploy internally in order to open up and increase transparency in the decision making process, include more voices in order to raise the quality, intelligence, and legitimacy of decisions.

Swae leverages AI to help people augment their writing and build better quality proposals to contribute so that their insights can be better understood and their contributions are more than just noise.

Swae includes collaboration, debate, and voting features to help users add their expertise and substance to proposals, to point out flaws and risks, to improve the content, and de-risking the idea/make it more decision-ready. The points of engagement act as signals for determining an idea’s merit.

Managers/administrators can configure workflows, set metrics and thresholds to allow the ideas with the most traction to organically bubble up to a review, feasibility study or decision. Most who have used the platform use the review process to accept/reject an idea and provide public reasoning why. The reasoning they provide helps reinforce users' trust in the process and system, so they continue contributing ideas for the long term.

Swae's platform provides management with a pipeline of coherent, well-articulated bottom-up proposals, to help them make more informed strategy, policy, product, HR and resource allocation decisions, helping them leverage the collective intelligence that resides inside their organization.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.50M
Swae has raised a total of $1.50M in funding over 2 rounds. Their latest funding was raised on Jan 6, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 6, 2022 Seed $750K 1 Detail
Jun 5, 2018 Grant $750K 1 GlobalChallengesFnd Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Swae is funded by 2 investors. GlobalChallengesFnd and Global Market Enterprise are the most recent investors.
Investor Name Lead Investor Funding Round
GlobalChallengesFnd Yes Grant
Global Market Enterprise Seed