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Swap secures $40 million in Series B funding to expand its e-commerce operating system across the U.S., EU, Australia, and Canada while strengthening its presence in the U.K. The investment supports the growth of Swap Inventory, an AI-powered solution for inventory tracking, demand forecasting, and supply chain optimization. By unifying cross-border logistics, tax management, and shipping operations, Swap simplifies global e-commerce for brands navigating an increasingly complex marketplace.
A Major Investment Fuels Swap’s Expansion
Swap has secured $40 million in Series B funding, reinforcing its position as a leading e-commerce operating system. ICONIQ Growth led the funding round, with participation from Cherry Ventures, QED Investors, and 9900 Capital. The investment will support Swap’s expansion across key international markets, including the U.S., EU, Australia, and Canada. The company also aims to strengthen its presence in the U.K. and enter new sectors such as beauty, home goods, and consumer technology.
Swap Inventory Introduces AI-Powered Supply Chain Solutions
A significant portion of the funding will be used to enhance Swap Inventory, an advanced AI-driven solution designed to optimize supply chain management. The platform integrates data analytics and predictive modeling to improve inventory tracking, demand forecasting, and replenishment strategies. Businesses using Swap Inventory gain access to:
- AI-generated insights for stock management
- Historical trend analysis for better decision-making
- Automated recommendations for restocking and supply chain efficiency
- Real-time visibility into inventory across multiple regions
Strengthening Cross-Border E-Commerce Capabilities
Global trade complexities have created challenges for e-commerce brands, particularly regarding logistics, duties, and taxes. Swap is focusing on simplifying these issues by providing a unified system that consolidates international operations. The company’s cross-border solution is designed to:
- Streamline tax and duty management
- Enhance cash flow visibility for merchants
- Improve global shipping logistics with integrated solutions
- Enable seamless market entry for businesses expanding internationally
With global cross-border e-commerce projected to reach $7.9 trillion by 2030, Swap’s approach provides a competitive advantage for brands aiming to scale efficiently.
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A Unified Platform for E-Commerce Operations
Swap eliminates the need for multiple third-party integrations by offering a single operating system that centralizes key business functions. The platform supports inventory management, returns processing, shipping logistics, and pricing automation. By bringing these operations under one system, brands can reduce inefficiencies and gain greater control over their supply chains.
Investors Highlight Swap’s Growing Influence
Seth Pierrepont, General Partner at ICONIQ Growth, emphasized Swap’s impact on direct-to-consumer brands, noting its ability to unify fragmented e-commerce operations. The latest funding round reflects strong investor confidence in the company’s vision and technological capabilities.
Meeting the Demands of a Changing E-Commerce Landscape
As global trade regulations evolve and consumer expectations shift, businesses require adaptable solutions to manage their operations efficiently. Swap’s integrated platform provides e-commerce brands with the tools needed to navigate these challenges while optimizing growth. The company’s expansion into new markets and investment in AI-driven inventory solutions signal its commitment to shaping the future of e-commerce logistics.
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