Cart.com has raised 180 million dollars in growth equity funding, giving the company more firepower to scale its software and logistics platform for enterprise retailers. The round was led by Springcoast Partners, with participation from existing backers including PayPal Ventures, Arsenal Growth Equity, Mercury Fund, and Oak HC/FT.
Funding and platform strategy
The fresh capital will go toward expanding Cart.com’s commerce operating system, which is built to let brands manage online sales, fulfillment, and supply chain operations from a single platform. The company plans to deepen its automation and AI capabilities while growing its nationwide fulfillment network, tying together software and physical infrastructure for retailers that sell across multiple channels.
