Swap.com

com operates as an online marketplace for liquidation apparel and footwear.00 mn.Swap is an online retail platform specializing in liquidation apparel and footwear, catering to a diverse customer base that includes women, men, and children. The company offers a wide array of product categories, such as dresses, tops, jeans, activewear, and footwear, with options for new arrivals, premium finds, and clearance items. Their primary function is to provide affordable, quality fashion items by sourcing surplus inventory and enabling consumers to purchase them at discounted prices. The intended use case is to meet the fashion needs of budget-conscious shoppers while promoting sustainability through the resale of apparel.Swap generates revenue through direct-to-consumer sales on its e-commerce platform, where customers can browse and purchase a wide range of liquidation apparel and footwear. The transaction structure is primarily based on individual sales; customers select products from various categories and complete their purchases online. This model allows for flexible pricing, with specific pricing plans reflecting the range of quality and brand value of the offerings. Flagship product lines include a selection of premium finds and new arrivals, promoting frequent shopping engagement among users.com plans to enhance its product offerings by designing new apparel and footwear lines, with specific release dates to be announced. The company aims to expand its market reach, targeting new geographical regions in Europe and Asia by the end of 2024.00 mn will be utilized to support these expansion initiatives, including marketing efforts and inventory acquisition.com, although financial terms were not disclosed.

1. Series D

   Mar 16, 2010

   Amount

   $4.8M

   Investors

   Locked

2. Series C

   Sep 23, 2008

   Amount

   $3.4M

   Investors

   Locked