Swap vs Rappi
Side-by-side comparison of AI visibility scores, market position, and capabilities
London D2C e-commerce OS (founded 2022); $40M ICONIQ Growth Series B (March 2025) after 7x revenue growth with Importer of Record model serving 500+ fashion brands ($20M-$100M) competing with Global-e for cross-border operations.
About
Swap is a London, United Kingdom-based e-commerce operating system for direct-to-consumer brands — backed with approximately $49 million in total funding including a $40 million Series B in March 2025 led by ICONIQ Growth with Cherry Ventures, QED Investors, and 9900 Capital — providing a unified platform for cross-border logistics, inventory management, and international operations that reduces operational costs by up to 30% and improves revenue by 8% for 500+ fashion, eyewear, and lifestyle brands. Founded in 2022 by CEO Sam Atkinson and CPO Zach Bailet (whose direct experience running a cross-border e-commerce business sourcing from Africa informed the platform's design), Swap achieved 7x revenue growth between March 2024 and March 2025. Brands including 3.1 Phillip Lim, Sandy Liang, Ed Hardy, Pangaia, The Frankie Shop, and Odd Muse (typically $20M-$100M annual sales) rely on Swap for Importer of Record services, delivered duty paid (DDP) shipping, automated tax remittance, and express customs clearance across 190+ countries. Swap Inventory (AI-powered demand forecasting and smart restocking) launched in 2025 alongside expansion to Australia and Canada.
Latin America's leading super-app with $5B+ valuation; on-demand delivery, financial services, and quick commerce across Colombia, Brazil, Mexico, and beyond.
About
Rappi is Latin America's leading super-app and on-demand delivery platform, offering grocery delivery, restaurant food delivery, pharmacy orders, financial services, and convenience shopping through a single app across Colombia, Brazil, Mexico, Argentina, and other countries. Founded in 2015 in Bogotá, Colombia by Sebastian Mejia, Simon Borrero, and Felipe Villamarin, Rappi has grown into one of the most valuable VC-backed companies in Latin America.
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