# EcoCart Sciences

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ecocart-sciences

- Industry: Environmental Services
- Headquarters: San Francisco, US
- Website: www.ecocart.io
- Total disclosed funding: $16M
- Latest round: Series A (Jul 20, 2022)
- Investors on record: 7

## About

Based in California, US, and founded in 2019, EcoCart Sciences Inc., formerly known as EcoCart Sciences Delaware Inc., operates as a developer of a web browser add-on application for online shopping sites to make shopper's orders carbon neutral by making brands give a portion of the proceeds to EcoCart to offset a shopper's carbon emissions. The company was co-founded by Peter Twomey and Dane Baker. In 2021, the company raised Seed funding from new investors Base10 Partners, Sugar Capital, and individual investors.

EcoCart Sciences Inc.'s developers create a Google Chrome browser extension enabled in their direct partner brands or direct partnerships websites for sustainable online shopping checkout and passive affiliate marketing services that drive customer traffic to brand sites. EcoCart uses a portion of the proceeds to offset a shopper's carbon emissions by sourcing eco-friendly services and environmental projects that address climate change that their partner brands can finance. The company also offers the e-commerce carbon accounting tool plug-in and a carbon offsetting offering that enables businesses and merchants to offer a carbon neutral order option at checkout.

EcoCart Sciences Inc. generates its revenue through the commission-based partnership with brands whenever sales traffic is directed to their websites under a standard affiliate marketing model.

## Funding rounds

- Series A, Jul 20, 2022, $14M — SVB Capital, Capital One Ventures, Fifth Wall Ventures, Base10 Partners, SuperAngel.Fund, Ryder Ventures
- Seed, Mar 22, 2021, $2.3M — Base10 Partners, Sugar Capital

## Investors

- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Seed, Series A
- Sugar Capital (https://capitalatlas.ai/funds/sugar-capital) — Seed
- SVB Capital (https://capitalatlas.ai/funds/svb-capital) — Series A
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Series A
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A
- SuperAngel.Fund (https://capitalatlas.ai/funds/superangel-fund) — Series A
- Ryder Ventures (https://capitalatlas.ai/funds/ryder-ventures) — Series A