Swaptree is a Boston-based online trading network that matches users who are willing to exchange books, music, movies, and video games. By entering the items they own and items they want, participants receive multi-party match suggestions involving up to four users. Once a swap is confirmed, members print shipping labels directly from the site and each party covers roughly $2.50 in postage, eliminating any additional transaction fees. The model differentiates itself from predecessors like Peerflix by covering multiple media categories and remaining fee-free. Since launching a little over a year ago, the service has facilitated more than 100,000 completed trades, indicating early traction and community engagement. Financially, the company has secured $5.6 million across three venture rounds to support continued platform growth and user acquisition.

Total raised

$9M

Funding rounds

2

Latest round

Equity

Latest activity

May 2010