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Cart.com Secures $70M

2024-01-19
HOUSTON, TX, Cart.com has secured a $70 million debt facility from Silicon Valley Bank.
Cart.com, a leading provider of unified commerce and logistics solutions that enable merchants to sell and fulfill anywhere, announced today it has secured a $70 million debt facility from Silicon Valley Bank (SVB), a division of First Citizens Bank. The latest facility is part of a larger $100 million debt refinancing provided by SVB's Technology Corporate Banking Division and Trinity Capital Inc.

Cart.com is the leading provider of unified commerce and logistics solutions that enable B2C and B2B companies to sell and fulfill anywhere their customers are. The company's enterprise-grade software, services and logistics infrastructure, including its own network of fulfillment and distribution centers, are used by some of the world's most beloved brands and most complex companies to unify commerce operations across channels and drive more efficient growth.
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