ECommerce

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…

Yong-Soo Chung left his job as a software engineer at Ripple in 2015 after the startup was fined.He launched an e-commerce business and doesn’t regret leaving his 9-to-5 for a second.Chung, whose business brought in over $1 million in sales last year, said he loves entrepreneurship.This as-told-to essay is based…