Thrasio, the Amazon aggregator, has raised $750 million in a series E funding round, valuing the company at $13 billion. The round was led by Oaktree Capital, with participation from existing investors including Advent International, The Spruce House Partnership, and Upper90.
Thrasio was founded in 2018 by Carlos Cashman lrtrading and Joshua Silberstein, with a mission to acquire and scale successful Amazon third-party sellers. The company has since grown rapidly, acquiring over 100 Amazon businesses to date, with a portfolio of over 14,000 products across various categories.
The latest funding round will help Thrasio expand its portfolio even further, as well as invest in technology and team growth. The company plans to use the funding to acquire more Amazon businesses, particularly those in new geographies, as well as expand its product portfolio and increase its global footprint.
Thrasio has been successful in disrupting ifsptv the Amazon seller landscape, offering to acquire and optimize Amazon businesses for sellers who may be struggling with the complexities of running a successful e-commerce business. The company offers sellers a streamlined process for selling their business, with a focus on maximizing the value of their Amazon businesses.
With the new funding, Thrasio plans to continue its aggressive expansion and consolidation strategy. The company is expected to acquire more Amazon businesses in the coming months, as it seeks to become the dominant player in the Amazon aggregator space.
Thrasio’s success has not gone giveme5 unnoticed, with other companies and investors looking to replicate its model. However, Thrasio’s first-mover advantage, deep industry knowledge, and expertise in scaling Amazon businesses have given the company a significant competitive advantage.
The Amazon aggregator space has seen significant growth in recent years, as more sellers look to exit their businesses and take advantage of the booming e-commerce market. Thrasio’s success has paved the way for other aggregators, with new players entering the market every month.
However, Thrasio’s ability to raise large 123chill amounts of capital and continue to grow its portfolio sets it apart from the competition. The company’s focus on acquiring successful Amazon businesses, optimizing them for growth, and scaling them rapidly has proven to be a winning formula.
Thrasio’s success is also a testament to the growing importance of Amazon in the e-commerce market. With more consumers turning to Amazon for their shopping needs, successful Amazon businesses are becoming increasingly valuable assets. Thrasio’s ability to recognize this trend early on and build a business around it has paid off handsomely.
The latest funding round is a clear indication of the manytoons confidence that investors have in Thrasio’s business model and future prospects. With a valuation of $13 billion, Thrasio is now one of the most valuable e-commerce companies in the world, and is well-positioned to continue its rapid growth in the years ahead.