E-commerce services provider Cart.com has closed a Series A round of financing and raised $25m.
The round was led by Mercury Fund and Arsenal Growth and saw participation from Moonshots Capital and Scarlet Venture Fund. The company has raised $45m to date and has three locations in Texas and one in Arizona.
Founded in 2020, the Houston-based businesses is an end-to-end ecommerce solutions provider and offers a fully integrated and owned suite of software, services and infrastructure to scale businesses online.
According to Cart.com, it intends to use the funds to boost customer demand, make key hires and accelerate growth as a commerce-as-a-service provider in the ecommerce services space.
Earlier this year, Cart.com acquired online storefront software platform AmeriCommerce as well as appliances company Cheap Cheap Moving Boxes. It also has acquired two service digital marketing agencies. However, their names were undisclosed.
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