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Samcart Raises $82 Million Series B To Service Thriving Creator Economy

Apr 07, 2022•over 3 years ago

Amount Raised

$82 Million

Round Type

series b

Austin

Description

SamCart, the eCommerce platform built for creators by creators, today announced it has raised $82 million in a Series B funding round led by Eldridge, with participation from TTV Capital, Fin VC, and the George Kaiser Foundation, and new participation from eGateway Capital.

Company Information

Company

Sam Cart

Location

Austin, Texas, United States

About

Founded in 2014, SamCart is the eCommerce platform for creators by creators. 50 million creators are building audiences based on their skills and diversifying their revenue streams with digital products like online courses, membership communities, podcasts, newsletters, and more. Our vision is a creator economy propelled by technology that democratizes commerce, allowing the solopreneur, emerging and established creators to monetize their knowledge and own their customer. SamCart was built specifically for the unique needs of digital creators to unify their various specialized tools into a single eCommerce platform. We help customers create beautiful sites that showcase digital products, convert visitors, increase the value of each purchase and maximize the lifetime value of their relationships with their customers. Powering more than 30,000 creator businesses selling billions of dollars' worth of products, SamCart is based in Austin, TX and the Washington, D.C. area. Learn more at www.samcart.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech