Swingvy

Swingvy

Swingvy Sdn Bhd designs and develops software solutions.

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DateInvestorsAmountRound
-investor investor

€0.0

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N/A

€0.0

round
investor investor

€0.0

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investor

€0.0

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investor investor investor investor investor

€0.0

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*

N/A

Early VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20182019202020222023
Revenues00000000000000000000
% growth-67 %44 %-13 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about Swingvy
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Swingvy, established in 2016, offers a cloud-based human resources platform tailored for small and mid-sized enterprises (SMEs). The company was co-founded by Jin Choeh, who serves as the CEO, along with Tho Kit Hoong, Hyojun Lee, and Jahun Koo. Their stated mission is to create a workplace where work empowers people, envisioning their platform as an operating system for companies.

The firm operates on a software-as-a-service (SaaS) business model, generating revenue through monthly or yearly subscriptions. Its client base primarily consists of SMEs across various sectors, with a particular focus on markets in Singapore, Malaysia, and Taiwan. Swingvy has successfully secured significant funding, including a notable $7 million Series A round led by Samsung Venture Investment Corporation, which marked Samsung's first such investment in Southeast Asia.

The core of Swingvy's offering is an all-in-one HR platform that integrates multiple functions to streamline administrative tasks for businesses. The platform's modules include an HR Hub for centralizing employee data, managing organizational charts, and facilitating onboarding. It features a comprehensive payroll system designed to be compliant with local regulations in its operating countries, automating calculations and tax filings. Additional integrated modules manage employee claims, leave requests, and time and attendance tracking. Employees can access the platform through a self-service portal and a mobile application to view payslips, apply for leave, and submit claims, thereby reducing the administrative load on HR departments.

Keywords: HR software, payroll management, SaaS, small and medium enterprises, employee self-service, leave management, claims management, HR automation, cloud-based platform, compliance management

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