Cart.com Secures $180 Million Investment from Springcoast Partners for Growth and AI Expansion
INDUSTRIAL IOT
Cart.com has secured a $180 million investment led by Springcoast Partners to support growth and enhance its e-commerce platform. This brings the total funding to $660 million since its founding in 2020.
Other investors include PayPal Ventures and Oak HC/FT. The capital will enable Cart.com to develop its commerce operating system, focusing on automation tools, predictive analytics, and AI solutions to optimize inventory routing and fulfillment costs.
The company plans to expand its nationwide fulfillment network and invest in its infrastructure. Springcoast's Russell Klein joins Cart.com's board to assist in scaling operations and AI capabilities.

Mar 5, 2026, 12:23 PM