Swap, an e-commerce operating system, raised $40 million in Series B led by ICONIQ Growth, with participation by Cherry Ventures, QED Investors, and 9900 Capital, to expand to the U.S., EU, Australia, and Canada, and pursue underserved verticals like beauty and home goods. The funding will support the launch of Swap Inventory, an artificial intelligence-based solution for demand forecasting, pricing optimization, and inventory management, to enhance cross-border e-commerce capabilities. As international trade becomes more complicated, Swap aims to aggregate fragmented operations into one platform, becoming a central driver of international e-commerce expansion.
Swap Secures $40 Million Series B Funding, Strengthens Position as Leading E-Commerce Operating System Offering Cross-Border and Inventory Solutions
