Recommended Free Tools
Swap Commerce announced a $100 million Series C on January 7, 2026, about six months after raising a $40 million Series B. DST Global and ICONIQ co-led the new round; ICONIQ led the earlier one. Swap said the money will support U.S. expansion and product development, including payments. The company did not disclose a valuation.
What Swap does
Founded in 2022 by Sam Atkinson and Zach Bailet, Swap has expanded from returns management into a broader commerce software suite. TechCrunch describes capabilities that include storefront and inventory tools; Swap’s own announcement also presents the company as a commerce operating system. Reports list cross-border commerce, tax, demand planning and payments among its areas of focus. These are reported or company-described features, not independent evidence of performance.
Swap was described as New York- and London-based at the time of the announcement. Digital Commerce 360 identifies New York as its headquarters.
Who invested, and what the funding is for
| Round | Amount and timing | Investors named in the announcement |
|---|---|---|
| Series B | $40 million in 2025, about six months before the January 2026 Series C announcement | ICONIQ led the round |
| Series C | $100 million, announced January 7, 2026 | DST Global and ICONIQ co-led |
The figures are funding amounts—not revenue, valuation, or proof of commercial success. Swap did not disclose its valuation, and Digital Commerce 360 reported no specific hiring targets tied to the round.
Do these 3 things before closing this tab:
1Fix the driver behind crashes, sound loss and screen glitches2Clear out junk files and repair common Windows errors3Scan for outdated or missing drivers - takes under a minute#1 Best Overall
- Income And Expense Log Book: This Income and Expense Record Book（8.5" x 10.5"） is a necessary item for any small business owner or entrepreneur. It is an essential part of any business - helping you understand your overall earnings to determine if you are profitable.
- Daily Tracking and Weekly Overview: let our log tell you if you are profitable today! There are two pages per week to help you you track your income and expenses. At the end of each day or week, you can note whether you made a profit or a loss for the day.
- Clear P&L Statement For Your Business: This income and expense book makes it easy to see your expenses and how they fluctuate from time to time. This makes it easy for you to decide where you can cut back on expenses and assess your total annual net profit.
- Main Features: Expense Review + Income Review + Weekly Pages + Summary of The Year + Twin-Wire Binding + Waterproof Cover + Rounded corner design + Thicker paper
- Effective Organization: This budget book has a twin-wire binding and you can easily lay it flat at 180°. This effective design can help you work better and bring you great convenience in the process of using.
Swap said the Series C would fund U.S. expansion and product development, including payments capabilities. Digital Commerce 360 reported plans to invest in U.S.-based sales, support and engineering and to pursue merchants in beauty, home goods and consumer technology. The publication also reported a partnership with Adyen for payments capabilities. These are stated plans and reported partnership details, not evidence that the planned expansion has already produced results.
Why raise another round so soon?
The company’s announcement came about six months after its Series B. Swap said that earlier financing supported U.S. and EU expansion and opening additional regions, including Australia and Canada. For the Series C, it described a further U.S. push and continued product development. The available reporting does not establish a separate investor rationale for the short interval or disclose milestones that triggered the new round.
Rank #2
- Neatly Track & Organize Your Finances: The accounting ledger book is here for you to stay on top of your spendings & income! Clearly & neatly structured, it offers ample space for all crucial information about checks, savings, bills & other expenses or income
- Perfect For Small Business Owners: Keep it simple, yet super effective - the undated income and expense log book is an absolute must-have among small business supplies! Register your financial data and use your debit & credit records to compile a trial balance
- Premium Style With A Sturdy Cover: With the 120-page finance tracker, you can manage your finances conveniently in one place. A solid cover, thick paper and a reliable ring binding ensure maximum durability
- Beautiful Modern Minimalistic Design: A visual highlight just like you can expect from ZICOTO! The sage green cover of the ledger book, look stunning with a modern golden floral on the front - makes bookkeeping simply beautiful!
- Super Handy - Always At Hand: Thanks to its practical size, the 8.6x6.1” ledger book fits into any bag easily and is therefore always by your side. Whether used as a checkbook register or to track other financial flow, with the log book you’ve got it all sorted!
Is Swap replacing Shopify?
TechCrunch frames Swap as a Shopify competitor, but the available reports do not provide a like-for-like product comparison, pricing matrix, market-share figures or data on merchants switching between the services. The competitor label signals overlap in the commerce software market; it does not establish that Swap is replacing Shopify or that one platform is better.
For a merchant assessing the two, the practical comparison would depend on specific needs: storefront and platform scope, returns, cross-border selling, tax handling, demand planning, payments and checkout, integrations, pricing and independently documented merchant outcomes. The January 2026 reporting does not settle those questions.
What the announcement does—and does not—show
A $100 million financing round indicates that investors committed capital to Swap. It does not, by itself, reveal the company’s valuation, revenue, customer count, retention, or product performance. Those figures were not supplied in the January 2026 announcement and accompanying reports. Swap founder and CEO Sam Atkinson described the company’s ambition this way: “We have built an existing fleet of products that enable any brand to scale globally.” That is the company’s positioning, rather than an independently verified outcome.
Quick Recap
Best Value
- PERFECT LEDGER BOOK FOR SMALL BUSINESSES: This accounting ledger book for small businesses will help you organize finances, sort and summarize transactions, create balance summaries and set you up for financial success.
- SWITCH TO EFFICIENT & STRESS-FREE ACCOUNTING: This accounting book is undated and lasts a whole year and has 113 pages, including 53 weekly views, an annual summary, empty note pages, and, at the back, a spacious pocket for receipts.
- TAKE CONTROL OF YOUR FINANCES & SUCCEED: With this detailed record of all transactions and totals, you will be able to easily analyze your finances and quickly prepare accurate financial statements.
- COMPACT A5 FORMAT & DURABLE DESIGN: This bookkeeping record book comes in A5 format (5.8 by 8.3 inches) and has an eco-leather hardcover, 120gsm no-bleed paper, elastic, pen loop, bookmark, pocket for notes, and a user guide.
- 60-DAY MONEY-BACK GUARANTEE: We will exchange or refund your receipt book for small business if you aren’t satisfied with your expense tracker notebook for any reason. Reach out to us via message to refund your small business supplies.
Rank #4
- Easy To Track Your Finances: HAUTOCO accounting ledger book keeps you on top of your expenses and income! Help you keep your money organized, spend well, and set and achieve financial goals
- Premium Material: The A5 accounting ledger book has a total of 120 pages and 2040 lines of entries. It is made of 100gsm thick paper to reduce ink leakage; it is equipped with a waterproof and sturdy PP cover to protect the inner pages
- Practical Design: Compact 8.3 x 6.2'' expense tracker notebook is easy to carry and features information pages, 2025 calendar, yearly financial goals page, and PVC pocket for storing important tickets and loose items
- Manage Your Finances Effectively: Undated accounting books with number, date, description, account, payment or deposit amount, and total balance. You will be able to easily analyze your financial activities and quickly prepare accurate financial statements
- Ideal For Small Business or Personal Use: An accounting log journal can track your business or personal financial status. With a clear record of transactions, you can find unnecessary expenses or fraudulent charges
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
