Swing Education

Swing Education is a technology company.

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Updated: Feb 17, 2026 ·

Recent News & Mentions

May 1, 2023FundingSwing Education - Series C Jul 1, 2018FundingSwing Education - Series B Dec 1, 2015FundingSwing Education - Seed

Financial History

Swing Education has raised $61.0M across 3 funding rounds. Most recently, it raised $38.0M Series C in May 2023.

Total Raised

$61.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Other Investors
May 1, 2023	$38.0M Series C	Apax Partners, Redpoint Ventures, Uprising
Jul 1, 2018	$15.0M Series B	2.12 Angels, Dunce Capital, First Rays Venture Partners, GV, Ulu Ventures
Dec 1, 2015	$8.0M Seed	2.12 Angels, Dunce Capital, First Rays Venture Partners, Ulu Ventures

Financial History

Swing Education has raised $61.0M across 3 funding rounds.

Total Raised

$61.0M

Valuation

N/A

Deep Dive

# High-Level Overview

Swing Education is a technology-enabled marketplace that connects K-12 schools with substitute teachers, addressing the nationwide teacher shortage through an online platform[1][2]. Founded in 2015, the company serves both sides of the market: schools gain access to a vetted pool of qualified substitutes who can be matched within seconds, while substitute teachers gain flexible employment opportunities and reliable income[1][2].

The core problem Swing solves is significant: U.S. students spend approximately 5% of the typical school year with substitute teachers, translating to over six months of their K-12 education[1]. By streamlining the connection between schools and subs, Swing ensures that classrooms remain covered with qualified educators rather than leaving students without instruction. The company has demonstrated substantial growth, having provided substitute teachers in over 70,000 classrooms and served over one million students as of its Series B announcement[1]. With a market opportunity valued at approximately $20 billion, Swing operates in a large and underserved sector[8].

# Origin Story

Swing Education was founded in 2015 and is headquartered in San Mateo, California[3]. The company was created by co-founders Mike Teng (CEO) and another co-founder who have been friends since high school[4]. Their mission emerged from recognizing a fundamental gap in K-12 education: the difficulty schools face in finding qualified substitute teachers and the barriers substitutes encounter in accessing consistent work opportunities.

The founders approached the problem with a values-driven philosophy rooted in their long-standing friendship[4]. Early traction was strong—by July 2018, Swing had already secured a $15 million Series B investment co-led by GV (formerly Google Ventures) and Owl Ventures, demonstrating investor confidence in the business model and market opportunity[1]. The company has since progressed to a Series C funding round, indicating continued momentum and investor support[3].

# Core Differentiators

Technology-First Marketplace Model: Swing uses a modern digital platform and mobile app that allows substitutes to browse assignments, filter by preferences, location, pay rate, and availability, and accept positions autonomously[6]. Schools can request substitutes and receive matches within seconds from a vetted pool[1].

Diverse Talent Pool: Nearly 50% of Swing's substitute teachers come from underrepresented communities, addressing equity in education while expanding the teacher supply pool[1]. The company actively recruits from communities and provides pathways for individuals with no prior teaching experience to become substitute educators[3].

Flexibility and Autonomy for Subs: Unlike traditional staffing models, Swing empowers substitute teachers to "teach on their terms" with full ownership over their career path and earning potential[6]. This flexibility makes subbing accessible to career-changers, students, and others seeking part-time work.

Focus on Student Outcomes: Swing's mission extends beyond filling absences—it emphasizes ensuring that students continue learning with qualified instruction rather than receiving "busy work" from unqualified substitutes[4]. This outcome-focused approach resonates with impact investors and education-focused venture capital firms[3].

Operational Efficiency: The platform reduces administrative burden for schools by automating the substitute request and matching process, allowing districts to focus resources on full-time staff and student outcomes[5].

# Role in the Broader Tech Landscape

Swing operates at the intersection of education technology disruption and workforce flexibility trends. The company exemplifies how technology can address structural inefficiencies in legacy systems—in this case, the outdated processes schools use to find substitute teachers. This aligns with broader venture capital interest in edtech solutions that improve student outcomes while creating economic opportunity.

The timing is particularly favorable due to the ongoing teacher shortage, which has intensified demand for substitute coverage[1][5]. Simultaneously, the rise of flexible work arrangements and gig economy platforms has normalized on-demand employment models, making Swing's approach culturally and operationally aligned with broader workforce trends.

Swing also represents the growing intersection of impact investing and venture capital. The company attracted investment from Apax Global Impact, an impact-focused fund that prioritizes both financial returns and measurable social outcomes[3]. This signals how education technology companies that solve real problems while serving underrepresented communities are increasingly attractive to institutional capital.

# Quick Take & Future Outlook

Swing is positioned to continue expanding its geographic footprint and deepen its market penetration in K-12 education. The company's stated intention to "raise the prominence of substitute teaching" and develop resources for substitute teacher excellence suggests a strategy to professionalize and elevate the role beyond its current perception[1].

Future growth will likely depend on several factors: scaling operations into new regions, expanding the substitute teacher pool while maintaining quality standards, and demonstrating measurable improvements in student outcomes. As districts increasingly prioritize continuity of instruction and equity in education access, Swing's model—which combines technology efficiency with community-focused talent development—aligns well with evolving district priorities.

The broader edtech and workforce platforms landscape will continue to shape Swing's evolution. As remote and hybrid learning normalize, and as schools grapple with persistent staffing challenges, the company's ability to provide reliable, qualified instruction coverage becomes increasingly valuable. Swing's emphasis on values-driven operations and diversity also positions it well in an era where investors and institutions prioritize companies with clear social impact alongside financial performance.

Sources

Frequently Asked Questions

How much funding has Swing Education raised?

Swing Education has raised $61.0M in total across 3 funding rounds.

Who are Swing Education's investors?

Swing Education's investors include Apax Partners, Redpoint Ventures, Uprising, 2.12 Angels, Dunce Capital, First Rays Venture Partners, GV, Ulu Ventures.