Cart.com Receives $30M Growth Capital
Summary
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.