Fundz

Swap Commerce secured $40 million in Series B funding led by Iconiq Growth to deepen its dominance in the UK and expand into the US and EU.

PRIVATEMar 05, 2025

Amount Raised

$40 Million

Round Type

Series B

LondonSoftware

Investors

900 Capital9900 CapitalCherry VenturesQED InvestorsPortfolio VenturesICONIQ Growth

Description

Swap Commerce raised $40 million in Series B funding to accelerate its expansion efforts into new markets including the United States and the European Union. The funding will also support the growth of its team and the development of new products like Swap Inventory.

Who to call at Swap, and when

A new round usually means Swap is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Swap

Location

London, England, United Kingdom

About

Swap was founded in 2022 by Sam Atkinson and Zach Bailet to empower merchants with a seamless, fully integrated experience that connects the myriad complexities of their operations. From cross-border and inventory management to pricing and returns - Swap drives efficiency and fuels extraordinary growth with AI-powered insights and actions. Swap is the first platform to connect every key operation in the merchant journey while leveraging data, analytics, and AI to unlock value and drive unmatched growth.

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Fundz sees it the moment Swap raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsWebb S., Executive DirectorSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Swap's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Swap raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.