Co-Swipe, a Dublin-based tech business, aims to generate €300,000 in revenue in the first 18 months after its platform is formally launched in November.
The business has developed a solution aimed at making it easier for firms to manage partnerships with other organisations, and was founded by Olga Heanue and Vlada Shevchenko in 2024. The two co-founders are the only staff members at present, and the company has raised €100,000 in funding to date.
“The platform helps businesses work together and grow through partnerships. It makes it easier for businesses to run marketing campaigns together, share sales leads and collaborate effectively,” said Heanue.
“Our solution takes care of all the heavy lifting, from managing the different partners involved to showing the impact of joint efforts. All partner communication and collaboration can be managed in one place.”
The idea for the business came about when Heanue and Shevchenko met at the birthday party of a mutual friend in January.
“I had a background in digital marketing, working with Adecco and Google before this. While working with partners, I saw how complicated it could be to manage and collaborate. That inspired me to create a platform to make it easier for smaller companies,” Heanue said.
While it was only set up in May, Co-Swipe has hit the ground running, with the co-founders working with a marketing team in Ukraine to help develop the business.
“The journey began when Olga shared her vision with me. It really resonated with me. We have developed a strategic plan, done market research and did a proof of concept. We were accepted into the Furthr Foundry accelerator and quickly on-boarded our first 10 clients,” Shevchenko said.
“This helped us to identify some key features for the product. Now we are working to develop the platform to prepare for the official launch in November.”
The business is supported by Enterprise Ireland. Shevchenko is originally from Ukraine while Heanue grew up in Kazakhstan. As immigrants, Heanue said it was crucial to get support to help from the agency navigate the processes in Ireland. Shevchenko said Enterprise Ireland had also provided significant help in getting Co-Swipe up and running so quickly.
“Enterprise Ireland has been a huge help in our growth. This kind of support is so important for start-ups in the initial stage as it really helps to navigate the early stage of support,” she said.
Heanue said the business aims to grow quickly following its formal launch later this month but will be patient when it comes to taking on additional investment.
“We aim to onboard more than 100 clients in the first 18 months, generating €300,000 in revenue during that same time span. During that same time, we intend to launch a pilot in the UK as well,” she said.
“We will seek out funding in the future but we haven’t set a target yet. We want to get more data from our clients and see what kind of traction we are getting in the market before working out what we will need.”
By Emmet Ryan of The Business Post.
This Making It Work article is produced in partnership with Enterprise Ireland
