a year ago
Swap Secures $9 Million Series A Funding to Expand E-commerce Operations
Swap, a London-based e-commerce operating system, has raised $9 million in Series A funding led by QED Investors, with participation from Cherry Ventures, 9900 Capital, 2100 Ventures, and Ed Hallen, Co-Founder of Klaviyo
Swap provides an e-commerce operating system that manages all operations for direct-to-consumer brands, simplifying their tech stack and improving pain points in their operations journey
The company plans to use the funds to launch Swap Global, grow its marketing and sales teams, and expand its presence in the UK, Europe, and the U.S.
ProblemTechnology
"Direct-to-consumer (DTC) brands struggle with a fragmented tech stack, facing pain points across shipping, tracking, returns, and cross-border operations."
Solution
"Swap provides an all-in-one e-commerce operating system that simplifies operations for DTC brands by managing shipping, tracking, package protection, returns, and cross-border activities, helping them streamline their tech stack."