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News August 12, 2021

Cart.com Raises $98M in Series B Funding

– Cart.com from Houston TX provides ecommerce solutions to help businesses scale online. – The company closed $98M Series B funding round. – Oak HC/FT led the round, with participation from PayPal Ventures, Clearco, Raven One Ventures, G9 Ventures and prior investors Mercury Fund, Moonshots Capital, Valedor Partners, Arsenal Growth, as well as Sebastian Rymarz, CEO of Heyday, Phillip Krim, CEO of Casper, as well as executives at Discover Financial, Robinhood, Blinds.com and Uber. – The company intends to use the funds to further strengthen its ecommerce-as-a-Service (ECaaS) integrated platform and continue acquiring solution providers.