BlackCart

RetailSeries AToronto, Canadablackcart.com

Latest round

Series A

Last raised

Jan 2021

Total raised

$11M

Investors

7

About BlackCart

Founded in 2017, BlackCart is headquartered in Toronto, Canada, and specializes in a service that enables customers to try products at home pre-purchase.Blackcart offers a Try Before You Buy service designed to enhance the online shopping experience by allowing customers to try products in their homes before purchase. This service effectively tackles eCommerce challenges, such as lowering customer acquisition costs and boosting conversion rates.Blackcart generates revenue through a service model that enables retailers to implement the Try Before You Buy option within their existing sales processes. This model allows merchants to attract new customers from current traffic, effectively decreasing customer acquisition costs.67 mn, the company is expected to utilize this capital to enhance its product offerings and expand into new geographic regions. Plans are underway to increase market presence in North America and Europe, which are targeted for further expansion in the near future. BlackCart is focused on developing new product features aimed at improving the online shopping experience.

Who invested in BlackCart

7 investors across 2 rounds

See all investors in BlackCart

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Funding rounds

  1. Series A

    Jan 8, 2021

    Amount

    $8.8M

    Investors

    Locked

  2. Seed

    May 25, 2020

    Amount

    $2M

    Investors

    Locked

Questions about BlackCart

Who invested in BlackCart?

BlackCart has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has BlackCart raised?

BlackCart has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did BlackCart last raise money?

BlackCart's most recent round on record is a Series A, in Jan 2021.

What does BlackCart do?

Founded in 2017, BlackCart is headquartered in Toronto, Canada, and specializes in a service that enables customers to try products at home pre-purchase.

Where is BlackCart headquartered?

BlackCart is headquartered in Toronto, Canada.

Which VCs invest in companies like BlackCart?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at BlackCart's stage. Their profiles are linked below.

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