# Cococart Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cococart-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.cococart.co
- Total disclosed funding: $4.2M
- Latest round: Seed (Feb 25, 2022)
- Investors on record: 6

## About

Based in Singapore, and founded in 2020, Cococart Pte. Ltd. is an e-commerce platform that allows small businesses to sell their products online. In February 2022, Cococart Pte. Ltd. raised USD 4.2 million in Seed funding co-led by Forerunner Ventures and Sequoia Capital including Liquid 2 Ventures, Soma Capital Management, and Uncommon Capital. Derek Low (CEO) and Zhicong L.(CTO) are the co-founders of the company and employ around 22 people.

The company provides a service that allows small businesses to manage their own sales without using apps or paying high fees and commissions on marketplaces by building websites without coding.

Cococart Pte. Ltd. generates revenue through its subscription plans including the free plan and the premium plan starting at USD 5 per month. 

The organization plans to use the February 2022 funding to make new hires, accelerate development, and expand to more countries.

## Funding rounds

- Seed, Feb 25, 2022, $4.2M — Hong Shan, Forerunner Ventures, Y Combinator, Soma Capital Management, Liquid 2 Ventures, Uncommon Capital

## Investors

- Hong Shan — Seed
- Forerunner Ventures (https://capitalatlas.ai/funds/forerunner-ventures) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- Uncommon Capital (https://capitalatlas.ai/funds/uncommon-capital) — Seed