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Swap Commerce raised a $100m Series C co-led by DST Global and ICONIQ Capital, w/ Cherry Ventures, QED Investors, 9900 Capital, and Portfolio Ventures

Swap Commerce raised a $100m Series C co-led by DST Global and ICONIQ Capital, w/ Cherry Ventures, QED Investors, 9900 Capital, and Portfolio Ventures

Ecommerce Logistics Software Services

Germany

United Kingdom

United States

Russia

Investments

30 December 2025

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Swap Commerce (company)

United Kingdom

Ecommerce Logistics Software Services

Total investments received (USD): 149M

Round value (USD): 100M

Round investors: DST Global Iconiq Capital Cherry Ventures BNVT Capital QED Investors Portfolio Ventures

Company: Swap Commerce

Industry: Ecommerce Logistics Software Services

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