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Carro

Full company profile

uuid00002q9

Namestring
Carro
Legal namestring
GoVyrl, Inc.
Websiteurl
getcarro.com
Company typeenum
Private
Founded yearint
2015
Descriptiontext

Carro (operating as GoVyrl, Inc., based in Irvine, California) is a collaborative dropshipping and brand-network platform that connects retailers and online marketplaces with direct-to-consumer brands and suppliers. Its flagship product, Modern Dropship, links Shopify, WooCommerce, BigCommerce, and Magento storefronts to more than 1 million products from established DTC brands, enabling retailers to expand assortment, raise average order value, and launch new categories without holding inventory. The underlying technology stack includes real-time inventory sync, automated order routing, a unified cart experience with automatic order splitting, a centralized Order Management System, a Supplier Integration Pipeline supporting EDI/API/SFTP/CSV onboarding, and a consolidated Payments Layer with ACH, wire, and card settlement and reconcilable reporting. Named customers span enterprise retail and marketplace logos (Pacsun, SHEIN, NBCUniversal, eBay, Temu, Zulily, Simons, Brookstone, Huckberry) and mid-market operators (The Gents Place, VYSN, The FairGround, Super73 Bikes, Glow Recipe, Vanity Planet). Carro monetizes through a hybrid of marketplace commissions/take rates, subscription/transaction fees, and payment processing revenue, with quote-based custom pricing for both enterprise retailers and supplier partners. The company scaled its network to over 70,000 retailers and brands via the January 2024 acquisition of Abound (and the related Droply platform) and has raised approximately $100 million across rounds since 2018, with Alpha Edison, PayPal Ventures, Corazon Capital, GC1 Ventures, LvlUp Ventures, and Astraecho Capital among named investors. In January 2025 the company introduced "Eddy," an AI-powered chat tool to assist retailers and suppliers with setup, partner requirements, product insights, and automated invoicing.

Short descriptiontext

Carro is a US-based collaborative dropshipping and brand-network platform that connects 70,000+ retailers, marketplaces, and DTC brands through its Modern Dropship product, enabling zero-inventory assortment expansion via real-time inventory sync, automated order routing, and take-rate monetization.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersIrvine, United States
HQ citystring
Irvine
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
collaborative dropshipping, marketplace infrastructure, brand network platform, retailer supplier platform, order management system
Industry2 codes
1Dropshipping & Supplier Fulfillment Services
CodeCRAFAMAJPrimaryYes
2Wholesale Dropship & Bulk Import/Export Sourcing Marketplaces
CodeCRAFAHAOPrimaryNo
Product category
Collaborative Commerce and Dropshipping Platform
Social media profiles3 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Marketplace Commission (Take Rate)
TypeMarketplace Commission
Description

Carro earns commission fees (take rate) on transactions processed through its platform. Physical goods marketplaces typically charge 5-20% commissions. The platform connects retailers with brands and distributors, taking a percentage of each transaction.

getcarro.com
2Subscription/Platform Fees
TypeSubscription Recurring
Description

Retailers and suppliers pay platform fees for access to Carro's network, integration tools, account management, and operational infrastructure. Custom pricing suggests tiered subscription models based on volume and feature access.

getcarro.com
3Transaction Processing
TypeTransaction Fee
Description

Revenue generated from processing orders through the platform, handling payments, and managing the financial flow between retailers and suppliers including split payouts.

landing.getcarro.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Pricing details2 tiers
1Custom enterprise pricing for large retailers and marketplaces
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based pricing tailored to enterprise requirements, volume, and feature needs. No public pricing tiers available.

getcarro.com
2Custom pricing for suppliers and brands
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Transaction-based fees with custom rates negotiated per partnership. No standard public pricing disclosed.

getcarro.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Carro operates a collaborative dropshipping and brand network platform (Modern Dropship) that connects retailers and online marketplaces with a curated network of DTC brands and suppliers. The platform enables retailers to expand product assortment without holding inventory by providing real-time inventory sync, automated order routing, a unified cart with order splitting, a supplier integration pipeline (Shopify, WooCommerce, BigCommerce, Magento, EDI, API, SFTP, CSV), and a consolidated payments layer. Suppliers gain access to thousands of retail storefronts and marketplaces for distribution without traditional wholesale or advertising costs.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 3.5x revenue increase for retailers using the platform
+4 more records
Product overview1 text field

Carro operates as a unified collaborative commerce and dropshipping platform (now powering Modern Dropship) that connects retailers, marketplaces, and brands through an integrated ecosystem. The platform is built around a core Modern Dropship product augmented by specialized modules: Product Catalog Expansion for Retailers, Marketplace Infrastructure & Dropship Platform for marketplace operators, New Sales Channels for Brands & Suppliers for supplier-facing operations, and Order Management, Supplier Integration, and Payments Layer as the foundational technology modules. Carro has expanded its portfolio through acquisitions of Abound (wholesale marketplace) and Droply (dropshipping platform) in January 2024. An intelligent chat tool called Eddy enhances user experience with support and product insights. The platform integrates with major storefronts (Shopify, WooCommerce, BigCommerce, Magento) and supports EDI, SFTP, and CSV data exchange for supplier connectivity.

Product and service3 records
1Modern Dropship (powered by Carro)
CategoryCore Platform
Description

Collaborative dropshipping and brand network platform enabling retailers to expand product assortment without inventory risk. Connects Shopify, WooCommerce, BigCommerce, and Magento stores with over 1 million products from top DTC brands, providing real-time inventory sync, automated order routing, a unified cart with order splitting, and a consolidated payments layer. Demonstrated 3.5x revenue increases and 80% lift in average order value for retailers.

2Abound
CategoryAcquired platform
Description

Wholesale marketplace and dropshipping platform acquired by Carro in January 2024, providing a large retailer base that combined with Carro's e-commerce collaboration platform to expand services and network reach to over 70,000 retailers and brands.

3Droply
CategoryAcquired platform
Description

Dropshipping platform acquired by Carro alongside Abound to expand e-commerce services and enhance collaboration and growth opportunities for retailers and brands.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

Carro became authorized dealer for Dongfeng Motor Corporation, opening exclusive showrooms in Singapore and Malaysia. Partnership integrates Carro's financing, insurance, and trade-in solutions with Dongfeng's EV lineup including VIGO, 007, and BOX models. Part of Carro's 'Brand New Car' strategy expanding automotive offerings.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-02-01
Description

Sole distributor of Dongfeng vehicles in Singapore and Malaysia. Volt Auto partnered with Carro to leverage Carro's platform capabilities including financing, insurance, and trade-in solutions alongside Dongfeng's EV lineup.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-11-01
Description

Carro rebranded myTukar as part of its automotive strategy. myTukar represents Carro's used car business unit, now integrated under the Carro brand with plans for new markets and potential US listing.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-08-01
Description

Carro acquired Hong Kong-based Beyond Cars as part of its regional expansion strategy. The acquisition strengthened Carro's presence in the Hong Kong market.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Carro acquired Abound, a wholesale marketplace and dropshipping platform, expanding its network to over 70,000 retailers and brands. The acquisition combined Carro's e-commerce collaboration platform with Abound's large retailer base. Abound was valued at nearly $250 million in 2021.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers15 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration8 records

Each record includes

Title, Type, Description, Source

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds7 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors12 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Carro

Collaborative Commerce and Dropshipping Platformgetcarro.com

Carro is a US-based collaborative dropshipping and brand-network platform that connects 70,000+ retailers, marketplaces, and DTC brands through its Modern Dropship product, enabling zero-inventory assortment expansion via real-time inventory sync, automated order routing, and take-rate monetization.

What Carro does

Carro (operating as GoVyrl, Inc., based in Irvine, California) is a collaborative dropshipping and brand-network platform that connects retailers and online marketplaces with direct-to-consumer brands and suppliers. Its flagship product, Modern Dropship, links Shopify, WooCommerce, BigCommerce, and Magento storefronts to more than 1 million products from established DTC brands, enabling retailers to expand assortment, raise average order value, and launch new categories without holding inventory. The underlying technology stack includes real-time inventory sync, automated order routing, a unified cart experience with automatic order splitting, a centralized Order Management System, a Supplier Integration Pipeline supporting EDI/API/SFTP/CSV onboarding, and a consolidated Payments Layer with ACH, wire, and card settlement and reconcilable reporting. Named customers span enterprise retail and marketplace logos (Pacsun, SHEIN, NBCUniversal, eBay, Temu, Zulily, Simons, Brookstone, Huckberry) and mid-market operators (The Gents Place, VYSN, The FairGround, Super73 Bikes, Glow Recipe, Vanity Planet). Carro monetizes through a hybrid of marketplace commissions/take rates, subscription/transaction fees, and payment processing revenue, with quote-based custom pricing for both enterprise retailers and supplier partners. The company scaled its network to over 70,000 retailers and brands via the January 2024 acquisition of Abound (and the related Droply platform) and has raised approximately $100 million across rounds since 2018, with Alpha Edison, PayPal Ventures, Corazon Capital, GC1 Ventures, LvlUp Ventures, and Astraecho Capital among named investors. In January 2025 the company introduced "Eddy," an AI-powered chat tool to assist retailers and suppliers with setup, partner requirements, product insights, and automated invoicing.

Carro firmographics

Firmographics
Name
Carro
Legal name
GoVyrl, Inc.
Website
https://getcarro.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
11–50 employees
Short description
Carro is a US-based collaborative dropshipping and brand-network platform that connects 70,000+ retailers, marketplaces, and DTC brands through its Modern Dropship product, enabling zero-inventory assortment expansion via real-time inventory sync, automated order routing, and take-rate monetization.
Ownership category
akta.pro rank

Carro industry classification

Industry
Product category
Collaborative Commerce and Dropshipping Platform
akta.pro primary industry
Dropshipping & Supplier Fulfillment Services (CRAFAMAJ)
akta.pro secondary industry
Wholesale Dropship & Bulk Import/Export Sourcing Marketplaces (CRAFAHAO)

Keywords

  • Collaborative dropshipping
  • Marketplace infrastructure
  • Brand network platform
  • Retailer supplier platform
  • Order management system

Where Carro is headquartered

Location

Headquarters

HQ city
Irvine
HQ country
United States
HQ region
North America

Offices4 records

Markets served

Carro business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Marketplace Commission (Take Rate): Carro earns commission fees (take rate) on transactions processed through its platform. Physical goods marketplaces typically charge 5-20% commissions. The platform connects retailers with brands and distributors, taking a percentage of each transaction.
  2. Subscription/Platform Fees: Retailers and suppliers pay platform fees for access to Carro's network, integration tools, account management, and operational infrastructure. Custom pricing suggests tiered subscription models based on volume and feature access.
  3. Transaction Processing: Revenue generated from processing orders through the platform, handling payments, and managing the financial flow between retailers and suppliers including split payouts.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualCustom enterprise pricing for large retailers and marketplaces
Transaction based/ take ratePay-as-you-goCustom pricing for suppliers and brands

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Carro product offering

Product offering

Core offering

Carro operates a collaborative dropshipping and brand network platform (Modern Dropship) that connects retailers and online marketplaces with a curated network of DTC brands and suppliers. The platform enables retailers to expand product assortment without holding inventory by providing real-time inventory sync, automated order routing, a unified cart with order splitting, a supplier integration pipeline (Shopify, WooCommerce, BigCommerce, Magento, EDI, API, SFTP, CSV), and a consolidated payments layer. Suppliers gain access to thousands of retail storefronts and marketplaces for distribution without traditional wholesale or advertising costs.

Product overview

Carro operates as a unified collaborative commerce and dropshipping platform (now powering Modern Dropship) that connects retailers, marketplaces, and brands through an integrated ecosystem. The platform is built around a core Modern Dropship product augmented by specialized modules: Product Catalog Expansion for Retailers, Marketplace Infrastructure & Dropship Platform for marketplace operators, New Sales Channels for Brands & Suppliers for supplier-facing operations, and Order Management, Supplier Integration, and Payments Layer as the foundational technology modules. Carro has expanded its portfolio through acquisitions of Abound (wholesale marketplace) and Droply (dropshipping platform) in January 2024. An intelligent chat tool called Eddy enhances user experience with support and product insights. The platform integrates with major storefronts (Shopify, WooCommerce, BigCommerce, Magento) and supports EDI, SFTP, and CSV data exchange for supplier connectivity.

Differentiator

Problem solved

Functional benefit

Products and services

  • Modern Dropship (powered by Carro) Collaborative dropshipping and brand network platform enabling retailers to expand product assortment without inventory risk. Connects Shopify, WooCommerce, BigCommerce, and Magento stores with over 1 million products from top DTC brands, providing real-time inventory sync, automated order routing, a unified cart with order splitting, and a consolidated payments layer. Demonstrated 3.5x revenue increases and 80% lift in average order value for retailers.
  • Abound Wholesale marketplace and dropshipping platform acquired by Carro in January 2024, providing a large retailer base that combined with Carro's e-commerce collaboration platform to expand services and network reach to over 70,000 retailers and brands.
  • Droply Dropshipping platform acquired by Carro alongside Abound to expand e-commerce services and enhance collaboration and growth opportunities for retailers and brands.

Quantifiable outcome

  • 3.5x revenue increase for retailers using the platform
  • +4 more outcomes

Companies that use Carro

Customer profile

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Carro technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Feature6 records

Carro partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • Dongfeng Motor CorporationcoreStrategic or Co-development Partner · 1 February 2026Carro became authorized dealer for Dongfeng Motor Corporation, opening exclusive showrooms in Singapore and Malaysia. Partnership integrates Carro's financing, insurance, and trade-in solutions with Dongfeng's EV lineup including VIGO, 007, and BOX models. Part of Carro's 'Brand New Car' strategy expanding automotive offerings.
  • Volt AutocoreChannel Partner/ Reseller/ Distributor · 1 February 2026Sole distributor of Dongfeng vehicles in Singapore and Malaysia. Volt Auto partnered with Carro to leverage Carro's platform capabilities including financing, insurance, and trade-in solutions alongside Dongfeng's EV lineup.
  • myTukarcoreStrategic or Co-development Partner · 1 November 2024Carro rebranded myTukar as part of its automotive strategy. myTukar represents Carro's used car business unit, now integrated under the Carro brand with plans for new markets and potential US listing.
  • Beyond CarsminorStrategic or Co-development Partner · 1 August 2024Carro acquired Hong Kong-based Beyond Cars as part of its regional expansion strategy. The acquisition strengthened Carro's presence in the Hong Kong market.
  • AboundcoreStrategic or Co-development Partner · 1 January 2024Carro acquired Abound, a wholesale marketplace and dropshipping platform, expanding its network to over 70,000 retailers and brands. The acquisition combined Carro's e-commerce collaboration platform with Abound's large retailer base. Abound was valued at nearly $250 million in 2021.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Carro competitors and assessment

Company assessment

Market position

Strengths4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Carro social profiles

Digital presence

Carro financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Carro leadership team

Management profile

Number of profiles

Profiles2 records

Carro subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Carro funding detail

Funding detail

Funding overview

Funding rounds7 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Carro M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carro

What does Carro do?

Carro operates a collaborative dropshipping and brand network platform (Modern Dropship) that connects retailers and online marketplaces with a curated network of DTC brands and suppliers. The platform enables retailers to expand product assortment without holding inventory by providing real-time inventory sync, automated order routing, a unified cart with order splitting, a supplier integration pipeline (Shopify, WooCommerce, BigCommerce, Magento, EDI, API, SFTP, CSV), and a consolidated payments layer. Suppliers gain access to thousands of retail storefronts and marketplaces for distribution without traditional wholesale or advertising costs.

Is Carro a public or private company?

Carro is a private company. It is classified as venture growth investor backed and is currently operating.

When was Carro founded?

Carro was founded in 2015. It employs 11 to 50 people.

Where is Carro based?

Carro is headquartered in Irvine, United States, in the North America region.

How does Carro make money?

Three revenue lines are on record. Marketplace Commission (Take Rate) is the primary driver. The others are subscription/Platform Fees and transaction Processing.

Does Carro have an API?

Yes. Carro offers API integration capabilities for connecting commerce platforms. The platform supports integration via APIs, EDI, SFTP, and CSV. Developers can access API documentation at developers.moderndropship.com for building custom integrations and automating workflows. Developer documentation is at developers.moderndropship.com/reference/introduction.

What industry is Carro in?

Carro's product category is Collaborative Commerce and Dropshipping Platform. Its primary akta.pro industry code is CRAFAMAJ, Dropshipping & Supplier Fulfillment Services, with a secondary code of CRAFAHAO, Wholesale Dropship & Bulk Import/Export Sourcing Marketplaces.

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Live signals
GetcarroBest Platforms for Dropshipping in 2026 (Reviewed by Experts)This expert-reviewed guide evaluates dropshipping platforms for 2026, categorizing them into storefront builders (where merchants sell) and supplier platforms (where they source products), with recommendations tailored to different business needs and scales. The article identifies Carro (powering Modern Dropship) as its top-recommended supplier platform for brand-curated dropshipping, while Shopify remains the leading storefront choice for most entrepreneurs. Key platform comparisons include Spocket, Zendrop, and DSers for supplier sourcing, alongside BigCommerce, WooCommerce, and Adobe Commerce for storefront needs.PR Newswire APACCarro deepens its Brand New Car strategy, expands product line as it becomes Dongfeng Motor Corporation's newest authorised dealer in Singapore and MalaysiaCarro, Asia Pacific's automotive marketplace, has become an authorized dealer for Dongfeng Motor Corporation, opening two exclusive showrooms in Sin Ming, Singapore and PJ Midtown, Selangor, Malaysia. The partnership with Volt Auto, the sole distributor of Dongfeng vehicles, integrates Carro's financing, insurance, and trade-in solutions with Dongfeng's EV lineup including the VIGO, 007, and BOX models. Carro plans to expand with more exclusive Dongfeng showrooms across Malaysia in the first half of 2026, deepening its "Brand New Car" strategy that now covers two automotive brands.GetcarroCarro Sell More, Together With Collaborative CommerceCarro promotes its collaborative commerce platform, enabling Shopify businesses to increase revenue and average order value by sourcing products from a network of over 1 million items across thousands of DTC brands. The service allows retailers to expand their catalogs without inventory investment while offering suppliers new acquisition channels through cross-platform partnerships.GetcarroCarro Supplier AgreementA Carro Supplier Agreement, effective May 13, 2025, governs how merchants of physical goods ("Suppliers") can sell their products on Carro's e-commerce platforms. Suppliers must provide accurate business data, bank accounts, and product data, and Carro covers shipping, returns, insurance, and non-joint venture obligations. Penalties include permanent bans and forfeiture of fees.GomalomoRetention Chronicles: Carro on ecom retention marketingA podcast episode features Blake Imperl discussing ecommerce retention marketing during the holiday season, covering transactional email and SMS campaign setup, segmentation, and avoiding customer bombardment. He notes that every 2023 unsubscribe represents lost revenue in 2024, and that Shopify & Shopify Plus are shifting focus toward retention as profitability becomes harder. He cites Carro's approach to raising LTV and AOV while lowering CAC.EIN PresswireCarro Announces Strategic Acquisition of Leading Wholesale Marketplace, AboundCarro announced the strategic acquisition of wholesale marketplace Abound and its dropshipping platform Droply, aiming to expand its collaborative commerce capabilities. Although financial terms were not disclosed, the acquired entities were valued at approximately $250 million in 2021. This move integrates Abound's network of over 70,000 brands into Carro's ecosystem to enhance growth opportunities for retailers.GetcarroCarro Acquires AboundCarro has acquired Abound, a wholesale marketplace for independent retailers and emerging brands, including its dropshipping platform Droply. This strategic move combines Carro's e-commerce collaborator network with Abound's base of over 70,000 transacting retailers and brands to expand service offerings. The acquisition aims to integrate Abound into the Carro platform, allowing partners to access enhanced technology and services.FinSMEsCarro Raises $20M in Series B FundingCarro, a Los Angeles-based cross-store selling and influencer commerce company, raised $20 million in Series B funding led by Alpha Edison with participation from PayPal Ventures, GC1 Ventures, and Corazon Capital. The company intends to use the capital to accelerate growth, expand its network of ecommerce platforms, and reach hundreds of thousands of brands and creators. Carro currently serves over 30,000 partners by facilitating collaborative commerce where stores sell each other's products without handling inventory or logistics.GlobeNewswireCarro Raises $20M to Help Brands 'Sell More, Together'Carro announced the closing of a $20 million Series B funding round led by Alpha Edison, with participation from PayPal Ventures and other investors. The company utilizes its platform to facilitate cross-store selling and influencer partnerships among its 30,000 brand partners, including Blendjet and Oatly. This capital will be used to expand the team, integrate more ecommerce platforms, and grow its network.MarTech SeriesCarro Raises $20M to Help Brands 'Sell More, Together'Carro has closed a $20 million Series B funding round led by Alpha Edison, with participation from PayPal Ventures and other investors. The company plans to use the capital to expand its team, integrate more ecommerce platforms, and grow its network of brand partners and influencers. Carro facilitates cross-store selling where brands sell each other's products without holding inventory, leveraging data to connect customers with complementary items.