Tech Company Financing Transactions
Swap Funding Round
On 4/30/2024, Swap raised $9 million in Series A financing from QED Investors, 9900 Capital and Cherry Ventures.
Transaction Overview
Company Name
Announced On
4/30/2024
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to launch Swap Global (designed to unlock new markets through DDP shipping, automated tax remittance, and express customs clearance), grow its marketing and sales teams and to broaden its presence in the UK, Europe, and the U.S.
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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We do our best to record funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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