AUSTIN, TX, Cart.com, the end-to-end ecommerce leader, today announced $240 million in new equity and debt funding.
Legacy Knight Capital Partners, the growth equity arm of Legacy Knight Multifamily Office, led the equity round with participation from Citi Ventures, Visa, and other Fortune 100 brands. J.P. Morgan and TriplePoint Capital provided the venture debt financing. When combined with prior funding rounds, Cart.com has now secured $380M in capital to date.
Cart.com is the first end-to-end ecommerce solutions provider delivering a fully integrated and owned suite of software, expert services, and infrastructure to scale businesses online. The integrated offering allows brands to use as much or as little of the platform as needed to help brands of all sizes grow faster, with fewer distractions. Cart.com provides tools that allow for a modular, yet fully integrated approach to scaling, in stark contrast to an industry that forces brands to use an array of different apps and external service providers to achieve the same goal.
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