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April 21, 2023
Rally Commerce, a checkout platform that helps businesses of all sizes optimize their checkout process, announced a $12M Series A investment, led by March Capital with additional participation from Felix Capital, Commerce Ventures, Afore Capital, Alumni Ventures, and Kraken Ventures. This investment follows Rally's $6M seed funding round in 2021. Co-founders Jordan Gal & Rok Knez previously ran CartHook, a checkout solution that processed nearly $3B in transactions for Shopify merchants. They launched Rally in 2020 after seeing demand from merchants for a next-generation checkout platform outside of the Shopify ecosystem. Rally currently offers support for multiple back-end and front-end platforms, payment processors, and payment methods. Later this year, Rally will strengthen its fraud protection offering and plans to build out Web3 features, starting with allowing merchants to accept cryptocurrencies in their checkout. Rally is headquartered in Portland. March Capital is a venture growth firm headquartered in Santa Monica, California and investing globally since 2014.