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Venture Capital News: Cart.com Secures $60M Series C Round

2023-06-28
AUSTIN, TX, Cart.com has raised a $60 million Series C equity funding round at a valuation of $1.2 billion.
Cart.com, the leading provider of comprehensive commerce solutions that enable merchants to sell and fulfill everywhere, has raised a $60 million Series C equity funding round at a valuation of $1.2 billion. The round includes participation from B. Riley Venture Capital, Kingfisher Investment Advisors, Snowflake Ventures, Prosperity7 Ventures, Legacy Knight, and other strategic corporate and financial investors. The company will use the new investment to meet increased demand from enterprise and B2B clients, accelerate its international expansion, and expand product development across its software portfolio.

Cart.com is the leading provider of comprehensive commerce solutions that enable merchants and enterprises to sell and fulfill everywhere. The company's enterprise-grade software, expert services and logistics infrastructure enable thousands of customers to seamlessly accelerate their growth with capabilities previously only available to the world's largest companies.
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