Cart.com Raises $60 Million and Hits Unicorn Status

Cart.com is a technology company that provides end-to-end e-commerce services for brands and online retailers. From product sourcing to website design and development, Cart.com offers a variety of services to help businesses establish and grow their online presence.

Cart.comhas raised a $60 million Series C equity funding round at a valuation of $1.2 billion. Cart.com said the valuation was nearly 50% higher with this round than its Series B extension funding raised in February 2022. 

Cart.com, Austin, Texas, United States, was founded in November 2020 by Omair Tariq and Jim Jacobson. “We are proud to partner with this prestigious group of investors to accelerate our growth and continue to deliver best-in-class solutions to our customers,” said Omair Tariq, CEO and Co-Founder of Cart.com.“As a leading commerce software and services provider, we are focused on enabling our customers to compete and win across every channel through digital tools and digitally driven logistics capabilities. We will continue to invest in our industry-leading commerce data capabilities, which are built to address the specific inventory, channel and supply chain challenges facing enterprises.”

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