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Stock impact report

Cart.com Announces $180 Million Strategic Investment Led by Springcoast Partners

Commerce.com, Inc. - Series 1 (CMRC) 
Company Research Source: Business Wire
New growth capital to help scale the company’s logistics network and expand AI capabilities as it pursues sustainable, profitable growth HOUSTON--(BUSINESS WIRE)--Cart.com, Inc. (“Cart.com” or the “Company”), a leading unified commerce and logistics solutions provider, today announced a $180 million growth equity investment led by Springcoast Partners (“Springcoast”). Springcoast is joining existing investors PayPal Ventures, Arsenal Growth Equity, Mercury Fund, and Oak HC/FT. The strategic investment provides Cart.com with additional growth capital to advance its proprietary software, deepen client investments, and continue pursuing operational efficiency improvements.Cart.com operates a comprehensive commerce enablement platform, integrating enterprise-grade technology, fulfillment infrastructure, and operational expertise into a single solution. The Company supports brands and retailers, including TOMS Shoes, PacSun, and Janie and Jack, by enabling them to sell across digital an Show less Read more
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