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Swap raises $40 million to streamline e-commerce logistics with its AI-powered platform

Swap raises $40 million in Series B funding led by ICONIQ Growth. Founded in 2022, Swap consolidates logistics for e-commerce brands into one platform. Swap uses AI for inventory management and plans international expansion with new funding. Swap, an e-commerce operating startup, has raised $40 million in Series B funding led by ICONIQ Growth. QED Investors, Cherry Ventures, Portfolio Ventures, and 9900 Capital also participated in the round. Founded in 2022 by Sam Atkinson and Zach Bailet, Swap...

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