South African Agri-tech Startup swiftVEE has Expanded Rapidly since its Launch

Founded in 2019 and selected for the Google Launchpad Africa accelerator in the same year, swiftVEE initially conducted real-time online livestock and game auctions, operating in South Africa, Namibia, Botswana, and Zimbabwe. Since then, however, it has launched AuctionApp.IO, a white-label auction software business providing auction solutions to multiple auction industries, as well as PrysWys, an agri-inputs platform connecting producers to input manufacturers digitally, to reduce the overheads of brick-and-mortar retail. Now, swiftVEE is offering reliable bidding technology at scale, with 20 auctions per day in South Africa, Namibia, Botswana, and Zimbabwe, and plans to expand into other African markets. Funded to the tune of US$2.5 million so far, swiftVEE has a number of revenue streams, including subscriptions, advertising, and white labeling, and is planning to add more.

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