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Sweep logo — Sweep automates business processes for efficiency and produc...

Sweep

Sweep automates business processes for efficiency and productivity, saving time and preventing expense fraud.

Founded 2017 United Kingdom London, United Kingdom 2-10 employees Grant Total: $665.00K B2B, Enterprise Software +1

General Information

Company Name Sweep
Founded Year 2017
Location United Kingdom London, United Kingdom
Employees 2-10
Industries B2B, Enterprise Software, Travel and Tourism
Funding Stage Grant
Social

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About Sweep

Sweep is a UK-based startup that aims to streamline business operations through automation. The company's slogan, "Sweep automates business processes for efficiency and productivity, saving time and preventing expense fraud," aptly summarizes its value proposition. Leveraging Open Banking technology, Sweep facilitates real-time transaction tracking and digital expense categorization, enabling the generation of reports and data analysis with just a few clicks. This automation not only saves employees up to 15 hours per month on tasks like data input and travel administration but also ensures compliance with regulations and policies, thus reducing the risk of expense fraud. Founded in 2017, Sweep operates in the B2B, Enterprise Software, and Travel and Tourism industries. The company recently secured a £465.00K grant investment from Innovate UK on 24 September 2020, reflecting investor confidence in its innovative approach to enhancing operational efficiency and addressing the evolving needs of businesses, particularly in a post-COVID economy.

Taxonomy: financial automation, expense management, Open Banking technology, business processes automation, productivity enhancement, real-time tracking, digital expense categorization, financial reporting automation, cost savings analysis, regulatory compliance, SMEs empowerment, payment automation, expense fraud prevention, time-saving solutions, efficiency optimization

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Grant £465.00K 1
Innovate UK
Innovate UK
24 Sep 2020
Angel Round £200.00K -
01 Sep 2018

Latest News

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Sifted Mar 21, 2024
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TOP 100: Europe’s most influential women in the startup and venture capital space
Eu-startups Mar 14, 2024

Sweep Alternatives & Competitors

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FAQ About Sweep

Sweep automates business processes for efficiency and productivity, saving time and preventing expense fraud.
Sweep was founded in 2017.
Sweep is headquartered in London, United Kingdom.
Sweep operates in B2B, Enterprise Software and Travel and Tourism. Its work centres on financial automation, expense management, Open Banking technology and business processes automation.
Sweep has approximately 2-10 employees.
Sweep has completed 2 funding rounds, raising a total of $665.00K. The latest funding stage is Grant.
Top alternatives and competitors to Sweep include FlyAkeed, Rocketrip, Pitchly. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sweep and FlyAkeed are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Sweep, https://bouncewatch.com/company/sweep, updated 23 December 2024. When citing, please name BounceWatch and link this page.

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