Tech Company Financing Transactions

BlackCart Funding Round

BlackCart, operating out of Toronto ON, secured $8.8 million from Hyde Park Venture Partners, Origin Ventures and 500 Global.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

Hyde Park Venture Partners (Lead Investor)

Origin Ventures (Lead Investor) (Prashant Shukla)

500 Global

Citi Ventures

private investors (Christian Sullivan)

private investors (Dean Bakes)

private investors (Gregory Rudin)

private investors (Jordan Nathan)

private investors (Nick Pirollo)

Struck Capital

Proceeds Purpose
With the additional funding, BlackCart aims to shift to paying the merchant immediately for the items at checkout, then reconciling afterwards in order to be more efficient.

Company Information

Company Status
Private & Independent
Mailing Address
399 Adelaide St. West 414
Toronto ON, M5V 1S1
Email Address
BlackCart was founded on the premise of making the experience of online shopping less painful for customers, while enabling merchants to deliver the same fitting-room experience to consumers everywhere. As the first technology provider to bring try-before-you-buy to market, our expertise stems from the many experiments we've conducted to ensure a model that delivers results.
BlackCart LinkedIn Company Profile
Social Media
BlackCart Company Twitter Account
Company News
BlackCart News
BlackCart on Facebook
BlackCart on YouTube

Management Team

Email & Social
Chief Executive Officer
Donny Ouyang
  Donny Ouyang LinkedIn Profile  Donny Ouyang Twitter Account  Donny Ouyang News  Donny Ouyang on Facebook
Chief Technical Officer
Matthew Chan
  Matthew Chan LinkedIn Profile  Matthew Chan Twitter Account  Matthew Chan News  Matthew Chan on Facebook
VP - Bus. Development
Jason Komosa
  Jason Komosa LinkedIn Profile  Jason Komosa Twitter Account  Jason Komosa News  Jason Komosa on Facebook
VP - Operations
John Li
  John Li LinkedIn Profile  John Li Twitter Account  John Li News  John Li on Facebook
VP - Product Management
Vahid Jozi
  Vahid Jozi LinkedIn Profile  Vahid Jozi Twitter Account  Vahid Jozi News  Vahid Jozi on Facebook



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About Our VC Transactions Data

We record funding rounds that are announced publicly. VC transactions on this site come from news reports and company announcements. The data is sourced from, an affiliated venture.


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