Swarm Technologies

Swarm Technologies is a technology company.

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Updated: Mar 22, 2026 ·

About

Swarm Technologies develops and operates a constellation of miniaturized low Earth orbit satellites designed to provide global, two-way data connectivity for Internet of Things (IoT) devices. Utilizing ultra-small picosatellites, known as SpaceBEEs, the company’s technical approach focuses on delivering highly affordable, low-bandwidth communication capabilities. This system enables data transfer for remote assets where traditional terrestrial networks are impractical or unavailable, offering a critical infrastructure layer for widespread IoT adoption.

The company was founded in 2016 by Sara Spangelo and Benjamin Longmier, both bringing significant expertise from prior roles at major technology firms. Their founding insight centered on the untapped potential for ubiquitous and cost-effective satellite connectivity to serve the burgeoning IoT market. They recognized a clear market need for a compact and economical solution to connect devices globally, driving the development of their innovative satellite network.

Swarm Technologies' products primarily serve industries such as maritime, agriculture, energy, and logistics, connecting devices in remote and rural environments. The vision behind the company was to empower a new generation of data-driven applications by making satellite-based IoT accessible to a broad array of users and industries. By providing a scalable and economical platform, Swarm aimed to bridge the connectivity gap for millions of unserved devices worldwide.

Recent News & Mentions

Jan 1, 2019FundingSwarm Technologies - Series A Dec 1, 2016FundingSwarm Technologies - Seed

Financial History

Swarm Technologies has raised $28.0M across 2 funding rounds. Most recently, it raised $25.0M Series A in January 2019.

Total Raised

$28.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Lead Investors	Other Investors
Jan 1, 2019	$25.0M Series A		305 Ventures, Blockchain Capital, Blockchain.com Ventures, Craft Ventures, Grasshopper Capital, Intel Capital, Mouro Capital, Social Capital, SV Angel, Toyota Ventures, Tribe Capital, Bonny Simi, Evan Moore, Immad Akhund, Peter Kazanjy, Wendell Brooks
Dec 1, 2016	$3.0M Seed		Craft Ventures, Social Capital, Tribe Capital, Evan Moore, Immad Akhund, Peter Kazanjy

Financial History

Swarm Technologies has raised $28.0M across 2 funding rounds.

Total Raised

$28.0M

Valuation

N/A

Deep Dive

Swarm Technologies is a small-sat connectivity company that builds extremely low-cost, very small satellites and a companion modem (the Tile) to provide global, low‑bandwidth connectivity for Internet of Things (IoT) devices. Swarm’s technology and business aim to lower the cost and size barriers for embedding satellite connectivity into simple sensors and devices that operate where cellular or Wi‑Fi are unavailable[1][2].

High‑Level Overview

Swarm Technologies is a portfolio company and commercial operator that delivers satellite IoT connectivity via a low-cost LEO pico‑satellite constellation and a small modem product called the Tile; its service is optimized for tiny packets and low data‑rate telemetry from sensors and simple devices[1][2].- Product: The Tile modem and a store‑and‑forward LEO satellite network that together let customers send very small data messages globally at a fraction of typical satellite IoT costs[1][2].- Customers / Who it serves: IoT device makers, asset trackers, agriculture, maritime, logistics and enterprises that need simple, infrequent telemetry from remote assets beyond cellular reach[1][2].- Problem solved: Provides ubiquitous, inexpensive connectivity for low‑bandwidth IoT where terrestrial networks don’t reach, reducing hardware size/complexity and airtime cost compared with traditional satellite links[1][2].- Growth momentum (summary): Swarm deployed successive waves of pico‑satellites from its 2018 test launches through commercial service rollout in 2021 and was operating fleets of dozens to low‑hundreds of satellites to deliver global low‑cost data beginning in 2021; the company attracted market attention for both its very small form‑factor hardware and aggressive constellation build[1][2][7].

Origin Story

Founders and background: Swarm was founded in 2017 by aerospace engineers Sara (often written Sara/Sara(h)) Spangelo and Ben Longmier with the intent to build the world’s smallest two‑way communications satellites and an accessible satellite IoT service[1][2].- How the idea emerged: The founders recognized a large addressable need—billions of IoT endpoints that will operate outside cellular/Wi‑Fi reach—and sought to solve it by designing tiny, inexpensive satellites and a compact modem to enable pervasive, low‑cost telemetry[2][1].- Early traction / pivotal moments: Swarm launched initial pico‑satellites on an ISRO PSLV mission in 2018 (early test satellites) and rapidly expanded launches and service capacity over 2019–2021; the company commercialized the Tile and began offering paid services in 2021 after stepping up constellation deployments[1][2]. (Note: Swarm’s early unapproved smallsat launch activity attracted regulatory scrutiny and a fine—this episode was widely reported as part of its early history[1].)

Core Differentiators

Ultra‑small satellites: Focus on 0.25U (pico) satellites that are far smaller than typical CubeSats, reducing per‑satellite cost and enabling high production and launch cadence[1][7].- Very low‑cost, low‑bandwidth service model: Designed specifically for very small telemetry packets and infrequent transmissions (store‑and‑forward), enabling subscription pricing that is much lower than traditional narrowband satellite services[1][2].- Compact modem (Tile): A tiny, embeddable modem form factor that simplifies integration into constrained devices and lowers hardware footprint and BOM cost[1][2].- Vertical integration of sats + ground: In‑house satellite design and a distributed ground‑station network for frequent downlinks and global coverage, improving reliability for short, intermittent transmissions[2].- Developer / OEM friendliness: Emphasizes embedding the Tile in third‑party devices to create an ecosystem of low‑cost satellite‑connected products (productized modem + network)[1][2].

Role in the Broader Tech Landscape

Trend being ridden: Rapid growth of IoT endpoints and the market need for ubiquitous, low‑cost connectivity outside terrestrial networks; the long tail of simple sensors represents a market that traditional satcom and cellular vendors have not been optimized for[2][1].- Why timing matters: Falling launch costs, miniaturized spacecraft electronics, and high demand for remote telemetry have converged to make ultra‑small constellations commercially viable for low‑data applications[1][2].- Market forces in their favor: IoT scale (billions of devices), pressure to reduce hardware and connectivity costs for massive sensor deployments, and rising availability of rideshare launches make Swarm’s low‑cost, high‑volume approach attractive[1][2][7].- Influence on ecosystem: By lowering cost and form factor barriers, Swarm encourages OEMs to embed satellite connectivity broadly, expanding addressable markets (agriculture, asset tracking, environmental monitoring) and pressuring incumbents to offer simpler, cheaper IoT plans[1][2].

Quick Take & Future Outlook

Near term: Continued constellation growth, wider Tile OEM adoption, and deeper vertical integrations (e.g., turnkey tracker products and enterprise telemetry solutions) would be natural next steps as the company scales network capacity and service offerings[1][2].- Key trends that will shape Swarm’s journey: further reductions in launch and manufacturing costs, competition from other LEO IoT providers, regulatory environment for tiny satellites, and the pace of global IoT adoption in low‑bandwidth use cases[1][2][7].- How influence might evolve: If Swarm sustains low price points and broad OEM embedding of the Tile, it can become the de‑facto low‑cost satellite layer for simple IoT—changing design choices for billions of constrained devices and expanding remote-monitoring use cases previously uneconomic with traditional satcom[1][2].

Quick take: Swarm’s combination of pico‑satellites plus an embeddable Tile modem targets a clear niche—tiny, cheap, global IoT telemetry—and if it continues to scale its constellation and OEM ecosystem it can materially lower the cost of adding universal connectivity to simple devices, accelerating many remote sensing and tracking applications[1][2][7].

Sources used: company materials and public reporting on Swarm’s product, founders, satellite deployment and commercial service launch[1][2][7].

Sources

Frequently Asked Questions

How much funding has Swarm Technologies raised?

Swarm Technologies has raised $28.0M in total across 2 funding rounds.

Who are Swarm Technologies's investors?

Swarm Technologies's investors include 305 Ventures, Blockchain Capital, Blockchain.com Ventures, Craft Ventures, Grasshopper Capital, Intel Capital, Mouro Capital, Social Capital, SV Angel, Toyota Ventures, Tribe Capital, Bonny Simi.