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Swap Secures $40M Series B to Expand Global E-Commerce OS
Slice of Retail Team
March 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
Notable 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."
"We have been impressed by Swap’s product focus and velocity. As cross-border commerce becomes increasingly complex, Swap has emerged as a valuable partner for direct-to-consumer brands."
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.