Swap Commerce, an e-commerce operating system and competitor to Shopify, has raised $100 million in a Series C funding round co-led by DST Global and existing investor Iconiq. This new financing comes just six months after the company secured a $40 million Series B round, highlighting rapid investor interest in its platform.
Founded in 2022, Swap provides a unified platform for e-commerce brands to manage logistics such as cross-border shipping, tax solutions, returns, and demand forecasting. The company plans to use the additional capital to expand its services into digital payments, enter new geographic markets, and further develop its AI-powered infrastructure for global commerce operations.