What does Cart.com do?
Cart.com offers unified omnichannel commerce and logistics solutions that help B2C and B2B companies, as well as public sector agencies, manage their entire order and inventory process from product discovery to delivery using enterprise-grade software, services, and a robust logistics network.
How much did they raise?
The company raised $50M in its latest round at a valuation of $1.6B, with lead investors BlackRock and Neuberger Berman and participation from eGateway Capital, among others.
What are their plans for the money?
Cart.com plans to invest the funds in accelerating its global expansion by strategically enhancing its infrastructure, upgrading technology, and executing mergers and acquisitions, potentially solidifying its market leadership in unified commerce.
What have they achieved so far?
Since its founding, Cart.com has raised a total of $475M and built an extensive network of fulfillment and distribution centers that power its comprehensive order and inventory management solutions.
