Cart.com Receives $30M Growth Capital

Cart.com, an Austin, TX-based provider of unified commerce and logistics solutions, received $30M growth capital from Trinity Capital (NASDAQ: TRIN).

The company intends to use the funds to continue to scale operations.

Led by Founder and CEO Omair Tariq, Cart.com provides physical and digital infrastructure to unify operations across channels and empowers more than 6,000 multichannel merchants to sell and fulfill anywhere their customers are. The company offers a suite of digitally driven logistics capabilities, enterprise-grade channels and order management software and expert services to simplify commerce for middle-market and enterprise companies. It supports over $8 Billion in gross merchandise value and operates 14 omnichannel facilities nationwide, totaling over 8 million square feet of space.

In June, Cart.com announced it had raised a $60M in Series C equity funding round at a valuation of $1.2 Billion. The round included participation from B. Riley Venture Capital, Kingfisher Investment Advisors, Snowflake Ventures, Prosperity7 Ventures, Legacy Knight and other strategic corporate and financial investors.

Cart.com, an Austin, TX-based provider of unified commerce and logistics solutions, received $30M growth capital from Trinity Capital (NASDAQ: TRIN). Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.

Shishir Gupta, The Founder & CEO of StartupLanes

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