Houston-based e-commerce platform Cart.com announced it has nabbed $30 million from Trinity Capital to help the firm expand while boosting its balance sheet.
The investment is part of a larger $100 million debt refinancing that included Trinity and Silicon Valley Bank, a division of First Citizens Bank. The capital will strengthen Cart.com’s balance sheet as it continues to scale operations, according to a news release.
“With Trinity’s financing, Cart.com will double down on investments that...