Swap Secures $40M Series B to Expand Global E-Commerce OS
Slice of Retail Team
03/07/2025
Key Highlights:
- Swap raises $40M Series B led by ICONIQ Growth, with Cherry Ventures, QED Investors, and 9900 Capital.
- Expansion plans include the U.S., EU, Australia, and Canada, alongside deeper penetration in the U.K. market.
- New product launch: Swap Inventory, an AI-powered tool for demand forecasting, inventory tracking, and pricing optimization.
- Cross-border commerce focus, simplifying duties, taxes, and fees to help brands scale internationally.
- All-in-one platform, replacing multiple-point solutions under a single e-commerce OS.
Source: Business Wire
Quotes
“ "From the beginning, we’ve set out to create a new category that is a platform-level solution across all of a brand’s operations." ”
Sam Atkinson, Co-Founder & CEO at Swap
Why This Matters:
With global cross-border e-commerce projected to reach $7.9 trillion by 2030, brands need integrated, AI-powered solutions to navigate logistics, inventory, and international expansion. Swap’s Series B funding cements its position as the leading e-commerce OS, redefining global commerce by connecting fragmented workflows, streamlining operations, and unlocking new revenue opportunities for brands worldwide.
