Cart.com, a Houston, TX-based unified commerce and logistics solutions provider, has received a $180 million growth equity investment led by Springcoast Partners.
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The company plans to use the funds to enhance its proprietary software, strengthen client relationships, and improve operational efficiency.
Cart.com, Inc. is a leading provider of unified commerce and logistics solutions. The company offers a full commerce platform that combines advanced technology, fulfillment infrastructure, and operational expertise into a single solution. Cart.com helps brands and retailers, including TOMS Shoes, PacSun, and Janie and Jack, sell across digital and omnichannel channels while managing fulfillment, customer experience, and supply chain operations at scale.
As part of the transaction, Cart.com has appointed Russell Klein to its board of directors. Klein is an operating partner and executive-in-residence at Springcoast Partners. Before that, he was Chief Commercial Officer at Commerce.com (Nasdaq: CMRC, formerly BigCommerce), helping grow the company from $30 million in annual recurring revenue to over $350 million. He also played a key role in financing rounds, led M&A strategy, co-led the IPO, and guided the company to sustainable profitability.
“This investment strengthens our balance sheet and gives us the flexibility to move faster on our strategic goals,” said Omair Tariq, CEO of Cart.com. “We’ve built a platform that combines commerce software with a large logistics network, and we’re just getting started. With long-term capital and supportive partners, we can accelerate innovation, expand our AI capabilities, improve automation, and grow toward sustainable profitability.”
“In today’s fragmented commerce market, Cart.com stands out by combining enterprise software with physical logistics,” said Evan Nawrocki, Principal at Springcoast Partners. Their complete solution and clear ROI for enterprise customers make them unique in commerce technology. We’re excited to work with Omair and the team to drive the next stage of profitable growth.”
“The Cart.com team has shown they can scale efficiently while continuing to innovate,” said Russell Klein. “I’m excited to join the board and help the company expand its AI capabilities, strengthen enterprise relationships, and solidify its role as a leading commerce and fulfillment platform.”
About Cart.com
Founded in 2020, Cart.com offers a unified e-commerce platform and logistics services that help brands sell online while managing fulfillment, operations and customer experience at scale. Headquartered in Houston, Texas, the company runs fulfillment and warehouse facilities across the U.S.
About Springcoast Partners
Founded in 2023, Springcoast is a New York based growth equity firm that works with leading software and technology companies. The firm partners with management teams of growth-stage businesses, providing flexible capital to help them scale.
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