Springcoast Partners has led a $180 million growth investment in Cart.com, a Houston-based commerce and logistics solutions provider. The funding round included participation from existing investors PayPal Ventures, Arsenal Growth Equity, Mercury Fund, and Oak HC/FT. The capital infusion will help scale the company's logistics network and expand AI capabilities.

Cart.com serves brands and retailers including TOMS Shoes, PacSun, and Janie and Jack, offering end-to-end commerce enablement technology that combines enterprise software with physical logistics. Russell Klein, an operating partner at Springcoast Partners, has joined Cart.com's board of directors. Klein previously served as chief commercial officer at Commerce.com.

The investment comes as Cart.com positions itself in an increasingly fragmented commerce landscape. The company has differentiated itself by uniting enterprise software with physical logistics, creating demonstrable ROI for enterprise customers. This positions Cart.com as an outlier in commerce enablement technology, according to Springcoast Partners.