About Cococart
Cococart is a company based in San Francisco (United States) founded in 2020 by Derek Low and Zhicong Lim. Cococart has raised $4.33 million across 2 funding rounds from investors including Forerunner Ventures, Sequoia Capital and Y Combinator. Cococart offers products and services including Online Store, POS App, QR Code Menu, Marketing Tools, and Loyalty Software. Cococart operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
- Headquarter San Francisco, United States
- Founders Derek Low, Zhicong Lim
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
$176.84 K (USD)58as on Mar 31, 2024
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Net Profit
$22.03 K (USD)155as on Mar 31, 2024
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EBITDA
$23.76 K (USD)159as on Mar 31, 2024
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Total Equity Funding
$4.33 M (USD)
in 2 rounds
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Latest Funding Round
$4.2 M (USD), Seed
Mar 01, 2022
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Investors
Forerunner Ventures
& 7 more
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Employee Count
Not available
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Products & Services of Cococart
Cococart offers a comprehensive portfolio of products and services, including Online Store, POS App, QR Code Menu, Marketing Tools, and Loyalty Software.
Tool for creating and managing online shops quickly
App for handling in-store and online orders efficiently
System allowing customers to order via smartphone scans
Tools for email marketing and customer engagement
Software to build and manage loyalty programs
Terminal for accepting in-store payments securely
People of Cococart
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Funding Insights of Cococart
Cococart has successfully raised a total of $4.33M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.2 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Cococart
Cococart has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Forerunner Ventures, Sequoia Capital and Y Combinator.
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Sequoia Capital is engaged in venture capital investments.
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for Cococart
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Investments & Acquisitions by Cococart
Investment portfolio details for Cococart
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Financial Statements - Cococart
Detailed financials for Cococart
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Cococart Comparisons
Peer comparison for Cococart
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Competitors of Cococart
Cococart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
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E-commerce storefront solutions are provided for online businesses.
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Cloud-based website builder tool
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Tools for creating websites and online stores are provided.
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Websites are built without coding via a cloud-based drag-and-drop platform.
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SaaS solutions for e-commerce store creation and management are provided.
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Customized websites, blogs, and online stores are created using Jimdo.
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Detailed competitors of Cococart
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Latest news on Cococart
Complete news archive for Cococart
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Frequently Asked Questions about Cococart
Cococart was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Cococart is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Derek Low is the current CEO of Cococart. They have also founded this company.
Cococart is a funded company, having raised a total of $4.33M across 2 funding rounds to date.
Annual revenue of Cococart is $176.84K as on Mar 31, 2024.
Cococart was founded in 2020 in San Francisco, United States, as a platform in the e-commerce sector. Storefront solutions are offered to independent businesses for accepting online orders. Sales are managed, orders from social media are automated, payments and order fulfillment are handled, and an admin dashboard is provided for overseeing store activities. Operations focus on streamlining digital commerce processes.
Cococart's top competitors include Shopify, Squarespace and Weebly.
Cococart offers Online Store, POS App, QR Code Menu, Marketing Tools, and 2 more products and services.
Cococart has 8 investors. Key investors include Forerunner Ventures, Sequoia Capital, Y Combinator, Uncommon Capital, and Soma Capital.