Tech Company Financing Transactions
Swap Funding Round
Swap, based in London, scored $40 million in funding from ICONIQ Capital, 9900 Capital and Cherry Ventures.
Transaction Overview
Company Name
Announced On
3/4/2025
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to consolidate its position in the U.K. market, accelerate expansion into the U.S. and EU, and open new regions, including Australia and Canada, and penetrate underserved verticals like beauty, home goods, and consumer technology.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
86-89 Paul Street
London, EC2A 4NE
UK
London, EC2A 4NE
UK
Phone
Undisclosed
Website
Email Address
Overview
At Swap we know a few things. 1) Returns don't have to be a cost centre; 2) Every return has a different journey; 3) Informed decisions are at the heart of an effective returns management program.
Management Team
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