How Much Did EcoCart Raise?
Funding & Key Investors

EcoCart, a San Francisco-based leader in the e-commerce enablement sector, has successfully secured a significant capital injection to bolster its climate-focused infrastructure. The firm has reached a cumulative valuation milestone represented by $17.5M, with the most recent strategic investment totaling $14.5M. This latest financing round underscores the growing market demand for integrated sustainability solutions within the digital retail ecosystem, positioning EcoCart as a critical partner for enterprises aiming to achieve carbon neutrality.

The company's growth trajectory has been marked by a transition from its initial seed-stage development to a robust enterprise-level scaling phase. By securing backing from prominent institutional investors, EcoCart is effectively bridging the gap between consumer-facing e-commerce platforms and the urgent necessity for transparent, data-driven climate action.

What is EcoCart?

EcoCart
SoftwareSupply Chain Management (SCM) Software

EcoCart operates as a specialized software provider that empowers online merchants to offer carbon-neutral shopping experiences. By integrating directly into the e-commerce checkout flow, the platform calculates the environmental impact of individual orders and facilitates carbon offsetting through verified projects. This approach not only addresses the rising consumer demand for corporate environmental responsibility but also provides retailers with actionable insights into their supply chain emissions. As an enterprise-grade solution, EcoCart is uniquely positioned to scale alongside global retail brands, transforming sustainability from a marketing initiative into a core operational metric.

How much funding has EcoCart raised?

EcoCart has raised a total of $17.5M across 2 funding rounds:

2021

Angel/Seed

$3M

2022

Series A

$14.5M

Angel/Seed (2021): $3M with participation from SugarCane Capital and Chris Zeoli

Series A (2022): $14.5M led by Capital One Ventures, Fifth Wall Climate, Svb Equity Capital, and Ryder Ventures

Key Investors in EcoCart

Capital One Ventures

Capital One Ventures is a strategic investor focused on empowering innovation by investing in pioneering startups that are transforming data, technology, and financial services.

Svb Equity Capital

Svb Equity Capital operates within the investment banking sector, providing critical financial support and market expertise to emerging technology companies.

SugarCane Capital

SugarCane Capital is a boutique consultancy specializing in brokerage services and market-leading solutions for corporate and private clients within capital markets.

What's next for EcoCart?

With the infusion of capital from its latest funding round, EcoCart is poised to accelerate its product roadmap and expand its market reach. The strategic focus will likely center on deepening its integration capabilities with major e-commerce platforms and enhancing its proprietary carbon-tracking algorithms. By leveraging the expertise of its diverse investor base, the company is well-positioned to navigate the complexities of global climate regulations and further solidify its role as an essential utility for the modern digital economy. Future growth will likely involve scaling its enterprise sales team and exploring new verticals within the broader logistics and supply chain management sectors.

See full EcoCart company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Enterprise Resource Planning (ERP)SoftwareBusiness ServicesSoftware Testing
Security SoftwareSoftwareBusiness ServicesSoftware Testing
Engineering SoftwareSoftware
Security SoftwareSoftware

Frequently Asked Questions Regarding EcoCart Financial Insights

What are the most recent funding rounds that EcoCart has completed, and what were the funding rounds?
EcoCart has recently completed 2 funding rounds: Series A on Oct 5, 2022, Angel/Seed on Apr 12, 2021.
What is the total amount of funding EcoCart has raised to date?
EcoCart has raised a total of $17.5M in funding to date.
How many funding rounds has EcoCart completed?
EcoCart has completed 2 funding rounds.
How much funding did EcoCart raise in its most recent funding round?
EcoCart raised $14.5M in its most recent funding round.
Who are the lead investors in EcoCart's latest funding round?
The lead investor in EcoCart's latest funding round was Capital One Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in EcoCart's history?
The largest funding round in EcoCart's history was $14.5M.
See more information about EcoCart