What is Coldcart?
Coldcart offers a comprehensive end-to-end solution designed to streamline perishable eCommerce fulfillment. The company addresses the critical complexities of the cold chain, ensuring that frozen and refrigerated products are delivered to consumers intact and on time, irrespective of their geographical location. This capability is vital for businesses looking to start or scale their direct-to-consumer operations in the rapidly expanding online grocery and specialty food markets.
How much funding has Coldcart raised?
Coldcart has raised a total of $6.5M across 1 funding round:
Angel/Seed
$6.5M
Angel/Seed (2024): $6.5M with participation from Great North Ventures, Collide Capital, and Behind Genius Ventures
Key Investors in Coldcart
Great North Ventures
Great North Ventures is a venture capital fund and studio that invests in early-stage, capital-efficient tech startups leveraging breakthrough technologies to innovate traditionally analog industries. They focus on digital transformation through AI, solving labor problems, and community-driven applications, providing support to companies at the Seed to Series A stages.
Collide Capital
Collide Capital is a venture capital firm dedicated to guiding founders through their institutional capital journey by providing resources, knowledge networks, and operational support for successful exits. The firm focuses on investing in early-stage companies from pre-seed to Series A, particularly those led by diverse founders addressing global challenges in enterprise SaaS, sustainable supply chains, and consumer technology.
Behind Genius Ventures
Behind Genius Ventures is an investment firm focused on pre-seed and seed stage companies in the future of work and play. They aim to invest in the best technical storytellers, providing support and funding to innovative startups. With a recent announcement of a $15M Fund 2, they have been actively investing since 2021.
What's next for Coldcart?
With this major enterprise-level funding and strategic investment, Coldcart is poised for significant expansion. The capital infusion will likely fuel advancements in their cold chain technology, enhance their logistical network, and broaden their market reach. This strategic backing suggests a focus on scaling operations to meet increasing demand for reliable perishable eCommerce fulfillment, positioning Coldcart as a key player in enabling businesses to deliver temperature-sensitive goods efficiently and effectively.
See full Coldcart company page
