Glasgow-based corporate gifting startup Go Swag has raised 5 million dollars in new funding to accelerate international expansion, grow its team and invest further in its AI-powered platform. The round was led by Mercia Ventures, with participation from Techstart Ventures and strategic angel investors, taking total funding raised to 6.2 million dollars.
Founded in Glasgow and focused on premium branded merchandise and global fulfilment, Go Swag runs a platform that helps companies design and deliver on-brand gifts to customers and staff around the world. Its technology combines AI‑assisted product curation with warehousing, logistics and recipient management so corporate gifting programmes can be managed end‑to‑end from a single system. The company already serves more than 1,000 organisations, including brands such as Meta, Apple, Netflix, ElevenLabs and n8n.
According to Tech.eu, which carries the funding announcement, the new capital will be used primarily to support US expansion. Go Swag plans to step up its presence in the United States, open a warehouse in Southeast Asia to strengthen global distribution, and continue investing in automation across quoting, account management, fulfilment and recommendation systems. The company also intends to scale its team significantly, growing headcount from around 30 to about 70 people, with new roles spread across engineering, operations and go‑to‑market functions.
For investors, the thesis behind the round is that corporate gifting is a large but under‑digitised market where better technology can improve both customer experience and operational efficiency. Go Swag positions its AI‑powered, full‑stack approach as an alternative to catalogue‑based gifting, arguing that every item a company sends with its logo on it has a cumulative impact on the brand. The fresh funding gives the Glasgow startup the capital to test that proposition at larger international scale while maintaining its headquarters and core operations in Scotland.
The signals in this round are clear: a named Scottish scaleup with institutional capital from Mercia Ventures and Techstart Ventures, a commitment to more than double the team, and a plan to anchor global growth around US and Asian infrastructure rather than relocating away from Glasgow. It is a snapshot of a Scottish company using external funding to build a global niche in a fragmented market from a Scottish base.
