Tapcart, a Santa Monica, Calif.-based mobile commerce platform that enables Shopify-powered brands to launch mobile apps, raised $50m in Series B funding.
The round was led by Left Lane Capital with participation from Shopify, SignalFire, Greycroft, Act One Ventures and Amplify LA.
The company intends to use the funds to continue to expand its go-to-market strategy, accelerate team growth, and launch innovative new products into the market.
Led by CEO Eric Netsch, Tapcart provides a mobile commerce platform that enables Shopify-powered brands to launch mobile apps. The platform features a codeless drag-and-drop app builder where merchants can customize their app and host rich content experiences for their customers. The company powers many of the App Store’s top shopping apps for brands such as Fashion Nova, Pier One Imports, The Hundreds, Patta, Culture Kings and thousands of other top merchants. Tapcart transacted over $1.2 billion in merchant GMV during the last 12 months.