Cart.com is the leading provider of comprehensive commerce solutions that enable merchants to sell and fulfill everywhere.

Supply chain and logistics provider Cart has a number of assets, the largest of which is their supply chain operation obtained from its acquisition of FBFlurry.  The company has acquired other assets SellerActive and AmeriCommerce which round out its offering.  While this valuation looks like a big win for Cart, I get the sense that existing investors did not reprice the round, it simply offered the chance for new investors to get in at the previous valuation.  This means there could still be pain ahead of the company is forced to revalue from its previous pandemic peak valuations.

Yahoo Finance: CORRECTING and REPLACING Cart.com Announces $60 Million Series C Funding Round at $1.2 Billion Valuation