Shopify Competitor Swap Raises $100M Six Months After Raising $40M
Swap raises $100M to scale its AI-powered Shopify alternative for global brands.
Matilda
Shopify Competitor Swap Raises $100M Six Months After Raising $40M
Swap Raises $100M Just Six Months After $40M Round, Setting Sights on Shopify In a bold move that signals strong investor confidence, Swap Commerce has secured $100 million in fresh funding—just six months after closing a $40 million Series B. The London- and New York-based startup offers an AI-driven e-commerce platform designed for global brands, especially in the luxury fashion sector. With backing from heavyweight firms DST Global and Iconiq, Swap is positioning itself as a serious Shopify competitor for businesses seeking seamless cross-border sales, smart inventory tools, and localized customer experiences. Credit: miakievy / Getty Images Why Investors Are Betting Big on Swap The rapid-fire funding rounds highlight growing appetite for next-generation e-commerce infrastructure. While Shopify dominates the market, many international brands—particularly those in high-end fashion—need more nuanced solutions for global compliance, currency conversion, and returns logistics. Swap’s platf…
