About ConvertCart
ConvertCart is a company based in Bengaluru (India) founded in 2013. ConvertCart has raised $431.95 thousand across 2 funding rounds from investors including Epex Tech Holding, Ravi Alapati and Venkatesh Ramachandra. The company has 172 employees as of October 31, 2024. ConvertCart offers products and services including Conversion Rate Optimization Platform, UX Audit Service, and Email Marketing Tools. ConvertCart operates in a competitive market with competitors including Klaviyo, Elastic Path Software, Bango, Yotpo and CommerceIQ, among others.
- Headquarter Bengaluru, India
- Employees 172 as on 31 Oct, 2024
- Stage Minicorn
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Sectors
TechnologyRetail
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Phone
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Website
Locked
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Social
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Annual Revenue
$2.29 M (USD)-12as on Mar 31, 2024
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Net Profit
$14.68 K (USD)-43as on Mar 31, 2024
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EBITDA
$69.27 K (USD)-26as on Mar 31, 2024
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Total Equity Funding
$431.95 K (USD)
in 2 rounds
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Latest Funding Round
$162.81 K (USD), Seed
Aug 13, 2019
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Investors
Epex Tech Holding
& 11 more
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Employee Count
172
as on Oct 31, 2024
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Products & Services of ConvertCart
ConvertCart offers a comprehensive portfolio of products and services, including Conversion Rate Optimization Platform, UX Audit Service, and Email Marketing Tools.
Platform to enhance eCommerce conversion rates and reduce drop-offs
Free audit for improving website user experience and site performance
Tools to boost email-driven revenue and customer retention
People of ConvertCart
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Funding Insights of ConvertCart
ConvertCart has successfully raised a total of $431.95K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $162.81 thousand completed in August 2019. 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 ConvertCart
ConvertCart has secured backing from 12 investors, including institutional and angel investors. Prominent investors backing the company include Epex Tech Holding, Ravi Alapati and Venkatesh Ramachandra.
| Investor | Description | Founded Year | Domain | Location |
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Website development services are provided by Epex Tech Holding.
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Provides IT consulting, project management, cloud services, and application integration for clients.
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RA
Ravi Alapati |
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Investor details for ConvertCart
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Investments & Acquisitions by ConvertCart
Investment portfolio details for ConvertCart
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Financial Statements - ConvertCart
Detailed financials for ConvertCart
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Convertcart Comparisons
Peer comparison for ConvertCart
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of ConvertCart
ConvertCart 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 Klaviyo, Elastic Path Software, Bango, Yotpo and CommerceIQ, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS email marketing solutions are offered to e-commerce businesses.
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API-based enterprise commerce and content management platform is delivered.
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Marketing solutions for e-commerce businesses are provided by Bango.
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Cloud-based marketing platform for e-tailers
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AI platform for retail ecommerce management and optimization is provided.
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SaaS-based promotion software is offered for retail testing.
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Detailed competitors of ConvertCart
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Latest news on Convertcart
Complete news archive for ConvertCart
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Frequently Asked Questions about ConvertCart
ConvertCart was founded in 2013 and raised its 1st funding round 5 years after it was founded.
ConvertCart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
ConvertCart is a funded company, having raised a total of $431.95K across 2 funding rounds to date.
As of Oct 31, 2024, the latest employee count at ConvertCart is 172.
Annual revenue of ConvertCart is $2.29M as on Mar 31, 2024.
ConvertCart was founded in 2013 and is based in Bengaluru, India, operating in the eCommerce sector. Tools and consulting services are offered to optimize website design, product discovery, and checkout processes for better conversion rates. Email marketing strategies are provided to increase open rates and revenue per email. One-on-one customer support is available to aid customer acquisition and retention efforts.
ConvertCart's top competitors include Klaviyo, CommerceIQ and Yotpo.
ConvertCart offers Conversion Rate Optimization Platform, UX Audit Service, and Email Marketing Tools.
ConvertCart has 12 investors. Key investors include Epex Tech Holding, Ravi Alapati, Venkatesh Ramachandra, Srinivas Rautwar, and Avanz Systems.
The valuation of ConvertCart is $8.11M as of Aug 2019.