– Cart.com, Inc., a leading unified commerce and logistics solutions provider, secured a $180 million growth equity investment led by Springcoast Partners.
– Existing investors participating include PayPal Ventures, Arsenal Growth Equity, Mercury Fund, and Oak HC/FT.
– The investment will provide growth capital to advance proprietary software, deepen client investments, and improve operational efficiency.
– Cart.com’s platform integrates enterprise-grade technology, fulfillment infrastructure, and operational expertise into a single commerce enablement solution.
– CEO Omair Tariq stated the funding strengthens the balance sheet and accelerates strategic priorities, including platform innovation, AI expansion, automation improvements, and sustainable profitability.
– The financing will support development of Cart.com’s commerce operating system, including workflow automation, predictive analytics, and agentic AI for inventory routing, reduced shipping times, and lower fulfillment costs.
– Cart.com plans to expand its nationwide fulfillment network and invest in infrastructure to help merchants navigate complex commerce environments.
– Springcoast Principal Evan Nawrocki highlighted Cart.com’s differentiation in combining enterprise software with physical logistics and delivering demonstrable ROI for enterprise customers.
– Russell Klein, operating partner at Springcoast and former Chief Commercial Officer at Commerce.com, was appointed to Cart.com’s board of directors.
– Klein expressed excitement to support Cart.com’s AI-driven expansion, enterprise relationships, and growth as a category-defining commerce and fulfillment platform.
