AI startup Decart has completed a US$32 million series A funding round led by Benchmark.

This brings the company’s total capital raised in the past two months to US$53 million, following a US$21 million seed round in October that included investment from Sequoia Capital and Zeev Ventures.

Both of these investors also participated in the latest funding round.

Reports indicate that Decart’s series A valuation is approximately US$500 million, reflecting a significant increase from its previous round.