HomeFinTechSamCart: Raises $10M in Series A Funding

SamCart: Raises $10M in Series A Funding

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  • SamCart, an Austin, Texas-based e-commerce platform designed for direct-to-consumer brands, raised $10m in Series A funding
  • The round led by TTV Capital with participation from Fin VC and George Kaiser Foundation
  • The company intends to use the funds to invest in marketing efforts, as well as staff recruitment in Austin, Texas, and the Washington D.C. area to support growth
  • SamCart is an e-commerce platform for direct-to-consumer brands to create sites that showcase their products, convert visitors into customers, and increase the value of each purchase
  • At the end of 2020, the solution used by more than 14,000 customers with more than half a billion dollars in sales processed
  • The company also has an office in the Washington, D.C area
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