What is EcoCart?
EcoCart operates at the intersection of e-commerce technology and environmental stewardship. The platform provides a seamless software layer that enables online retailers to calculate and offset the carbon emissions associated with their supply chains and shipping logistics. By embedding these capabilities directly into the point-of-sale, EcoCart empowers brands to meet the rising consumer expectation for climate accountability. Its market position is defined by its ability to bridge the gap between complex carbon accounting and user-friendly retail interfaces, effectively turning sustainability into a competitive advantage for its merchant partners.
How much funding has EcoCart raised?
EcoCart has raised a total of $17.5M across 2 funding rounds:
Angel/Seed
$3M
Series A
$14.5M
Angel/Seed (2021): $3M with participation from Chris Zeoli and SugarCane Capital
Series A (2022): $14.5M led by Ryder Ventures, Svb Equity Capital, Fifth Wall Climate, and Capital One 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 is a firm operating in the investment banking industry, providing financial expertise and capital support to high-growth technology ventures.
SugarCane Capital
SugarCane Capital is a boutique FX consultancy specializing in brokerage services and providing market-leading solutions to corporate and private clients within capital markets.
What's next for EcoCart?
With this major strategic investment, EcoCart is well-positioned to accelerate its product roadmap and expand its footprint within the global e-commerce ecosystem. The company is expected to focus on deepening its integration capabilities with major e-commerce platforms, enhancing its data analytics suite for enterprise clients, and scaling its carbon offset project portfolio. As regulatory pressures regarding corporate climate reporting intensify, EcoCart's infrastructure will likely become an essential component for retailers aiming to achieve net-zero targets while maintaining operational efficiency. The firm's ability to leverage this capital will be instrumental in defining the next generation of sustainable digital commerce.
See full EcoCart company page
