# Coldcart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coldcart

- Industry: Software
- Headquarters: Chicago, US
- Website: www.coldcart.co
- Total disclosed funding: $6.5M
- Latest round: Seed (Jun 12, 2024)
- Investors on record: 6

## About

Established in 2021 and based in Chicago, Illinois, Coldcart, Inc. operates as a software development company that offers cold storage and supply chain optimization solutions to e-commerce businesses. In June 2024, Coldcart, Inc. raised USD 6.5 million in seed funding led by new investor Collide Capital, with participation from other new investors Great North Ventures, Behind Genius Ventures, Feld Ventures, Alumni Ventures, and Service Provider Capital.

Coldcart provides solutions to optimize and scale perishable eCommerce operations. Their proprietary software allows real-time performance monitoring of carriers and fulfillment centers, detailed cost analysis of shipments, and access to objective market data including packaging, shipping costs, and seasonal forecasts. Coldcart also offers a nationwide provider network, enabling users to efficiently manage fulfillment processes. The platform also facilitates automatic order batching and provides access to pre-integrated third-party logistics vendors, simplifying the process of finding and negotiating with new partners.

The firm earns its revenue by charging USD 1 per shipment for software, USD 6 per shipment for pick and pack, USD 25 per pallet for receiving, and USD 40 per pallet for storage. Additional costs apply for fulfillment services.

## Funding rounds

- Seed, Jun 12, 2024, $6.5M — Alumni Ventures Group, Service Provider Capital, Great North Ventures, Behind Genius Ventures, Feld Ventures, Collide Capital

## Investors

- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Seed
- Great North Ventures (https://capitalatlas.ai/funds/great-north-ventures) — Seed
- Behind Genius Ventures (https://capitalatlas.ai/funds/behind-genius-ventures) — Seed
- Feld Ventures (https://capitalatlas.ai/funds/feld-ventures) — Seed
- Collide Capital (https://capitalatlas.ai/funds/collide-capital) — Seed