Categories
Investment

Tapcart raises $10 mn Series A funding led by SignalFire

Tapcart, a US-based mobile commerce SaaS platform that integrates directly with Shopify, enabling brands to quickly and easily build native mobile apps for their eCommerce stores, announced that it has secured an additional $10 million in Series A funding led by SignalFire with the participation of previous investors, Greycroft and Amplify. Till now, Tapcart has raised $15.1 million in total funding.

The company will utilise the fund infusion to accelerate the already rapid adoption of its existing platform, which has been used to create mobile apps for many of the world’s top Shopify Plus brands including Fashion Nova, Chubbies, Urban Planet, and more. Also, Tapcart will be looking to further expand operations, bring on several key hires, and continue to build the product roadmap with exciting new features.

Chris Farmer, Managing Director & CEO of SignalFire is backing Tapcart after the massive Enterprise growth the company has experienced within a short period of time. “We’re very excited to partner with the Tapcart team who are building the infrastructure at the forefront of mobile commerce. While their roots are in the Shopify ecosystem, there is a massive opportunity to also help retailers to get back on their feet with mobile & offline commerce.”

Eric Netsch, co-founder and CEO of Tapcart said, “We have been very fortunate to create a product that can help small businesses and large businesses alike as their needs change in relation to what is going on in the world. The strength of our product is a testament to the amazing team that we have today and we’re thrilled to continue building the future of mobile.”

Tapcart launched in 2017 with a simple premise, to make mobile shopping easy, fun, and attainable for every brand. Native mobile app development was historically something that could only be done by developers and was only available to Enterprise businesses with resources. 

By HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: Cancel reply