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Swap Secures $100 Million Series C Funding

Strengthens position as leading commerce solutions platform

Commerce operating system Swap has announced a $100 million Series C co-led by DST Global and ICONIQ.  Swap expanded into cross-border last year, laying the groundwork for an AI-driven commerce infrastructure that allows agents to transact, recommend, and process payments across merchants globally. With this capital, Swap aims to continue to strengthen its position as a leader in global commerce.​

"We have built an existing fleet of products that enable any brand to scale globally. Building upon this foundation of global commerce solutions, we will continue to help brands reach their full potential, leveling up on the promise to be the go-to platform for brands to sell anywhere, anticipate intent, and convert more business," said Founder and CEO Sam Atkinson.

Elsewhere, commercetools appointed a new Chief Revenue Officer and VP of Partners & Alliances, Storyblok is collaborating with AWS, and Shopify announced its Universal Commerce Protocol.

Stories that caught our eye

  1. Shopify Announces Universal Commerce Protocol: Now enabling native commerce at scale across all major AI channels.

  2. FPT Named Sitecore’s First Global Partner Under Global Elite Reseller Program: Holding exclusive reseller rights in Vietnam and non-exclusive rights across select markets in Asia and the Middle East.

  3. Domaine Acquires Pattern to Transform Experience-First Digital Commerce: Global Shopify design and development company acquires digital design agency. 

  4. Pipe17 Ends 2025 with 163% Order Growth and AI-First Commerce: Record growth and platform milestones for 2025.

The word on the street…

  1. Most “AI failures” aren’t model failures: Conscia CEO Sana Remekie explains that agents can’t be bolted onto architectures built for humans clicking buttons.

  2. Shopify’s agentic plan: Pipe17 President Kelly Goetsch breaks down what Shopify’s latest announcement means.