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Swap

Swap

Private
LondonConsumer & Commercehttps://www.swap-commerce.com/

Last Round

Series C

Jan 7, 2026

Total Funding Raised

$149M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Swap is an e-commerce operating system company that provides a unified platform for direct-to-consumer brands to manage cross-border commerce, logistics, returns, and AI-powered storefront experiences.

Sector

Consumer & Commerce

Verticals

E-commerce, Customer Experience, Logistics Software, D2C Brands

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

returns managementreverse logisticsreturns management systeme-commerce returnsShopify appRMSpost-purchase experienceexchange automationreturns techreturn portalDTC softwarecustomer retentionreturns analyticse-commerce stackSaaS platform

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Swap Comparables

Compare Swap with similar companies based on industry and business-model similarity.

Swap comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Loop Returns
90%
Reveni
85%
AfterShip
84%

Swap Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CJan 7, 2026
Series BMar 4, 2025
Series AApr 30, 2024

Key People

Founding team and executive leadership

Sam Atkinson

Co-Founder CEO

Founding Team

Swap Investors

Notable investors and investment history

Swap investors
InvestorRounds
DST GlobalSeries C
ICONIQ CapitalSeries C
Portfolio VenturesSeries B
ICONIQ GrowthSeries B
QED InvestorsSeries C, Series B, Series A
2100 VenturesSeries A
BNVT CapitalSeries A, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 22, 2026

    Grew 29% QoQ, from 279 to 359 employees.

  • Mar 8, 2026

    Added Cleens Sneakers Ltd, a retail/e-commerce SMB.

Swap Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Swap Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Swap's valuation, stock price, and market status.

Firmographic Details

HeadquartersLondon
Employee Range362
Year Founded2022
Last FundingJan 7, 2026

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