Thrasio
Consumer & Lifestyle
Founded: 2018
Last Round Valuation: $5.68B
Thrasio is a prominent company that has made a significant impact in the e-commerce space since its establishment. Founded in 2018, Thrasio is a pioneer in the rapidly growing industry of acquiring and operating successful third-party Amazon businesses. The company's unique approach involves identifying and acquiring promising Amazon brands, optimizing their operations, and strategically scaling their growth. With a data-driven and customer-focused approach, Thrasio has successfully built a portfolio of diverse and thriving brands, empowering entrepreneurs and small businesses while providing consumers with an exceptional online shopping experience. Thrasio's innovative business model and dedication to delivering value have solidified its position as a leader in the e-commerce market, making it a force to be reckoned with in the digital retail landscape.
Thrasio Overview:
Thrasio, founded in 2018, has emerged as a trailblazing force in the dynamic world of e-commerce. Specializing in the acquisition and operation of successful third-party Amazon businesses, Thrasio has developed a groundbreaking business model that leverages data-driven insights and consumer-centric strategies. The company's primary objective is to identify and acquire promising Amazon brands, ranging from niche products to established consumer favorites. Once integrated into Thrasio's portfolio, these brands undergo meticulous optimization and scaling processes, facilitated by the company's seasoned team of experts. Through astute operational improvements, strategic marketing initiatives, and a keen focus on customer satisfaction, Thrasio has achieved remarkable growth and success, amassing a diverse portfolio of flourishing e-commerce brands.
Thrasio's approach goes beyond just acquiring brands; it also supports entrepreneurs and small business owners, providing them with a pathway to unlock the full potential of their Amazon businesses. By offering competitive deals and a streamlined integration process, Thrasio empowers these entrepreneurs to achieve new heights of success while retaining their entrepreneurial spirit.
Moreover, the company's data-driven approach fuels its ability to understand consumer preferences and market trends comprehensively. Armed with invaluable insights, Thrasio tailors its strategies to create compelling and resonating experiences for its customers. This dedication to customer-centricity has solidified its reputation for delivering high-quality products and exceptional customer service.
Thrasio's impressive growth and innovation have not gone unnoticed. Over the years, the company has secured substantial funding, enabling further expansion and acquisitions. Its strategic partnerships and collaborations have enabled the company to tap into new markets and amplify its market presence.
As the e-commerce landscape continues to evolve, Thrasio remains at the forefront of the industry, continually innovating and adapting to meet the demands of a dynamic marketplace. With its forward-thinking approach and unwavering commitment to excellence, Thrasio is poised to shape the future of e-commerce and redefine the possibilities of online retail.
Founders:
Carlos Cashman
Joshua Silberstein
Top Investors:
Advent International
Corner Capital Partners
Oaktree Capital Management
PEAK6 Investments
River Park Ventures
Silverlake
Upper90 Capital Management
WTI (Working Title Investments)
Funding History:
Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
---|---|---|---|---|---|---|
Oct 2021 | Series D | $1.07B | $2.28B | $20.25 | $5.68B | Silverlake, PEAK6 Investments, Advent International |
Apr 2021 | Series C-3 | $100MM | $1.2B | $12.22 | $3.41B | Advent International, Oaktree |
Feb 2021 | Series C-2 | $250MM | $1.1B | $8.15 | $2.21B | Advent International |
Jul 2020 | Series X | $500MM | $593.48MM | $1K | $1B | Undisclosed Investors |
Jul 2020 | Series C-1 | $259.98MM | $353.46MM | $4.65 | $1B | Advent International |
Apr 2020 | Series B | $72.74MM | $93.48MM | $3.18 | $587.2MM | Peak6, Upper90, WTI |
Dec 2019 | Series A | $14.99MM | $20.74MM | $0.86 | $138.41MM | Peak6, Upper 90, WTI |
Apr 2019 | Series Seed | $5.75MM | $5.75MM | $0.10 | $14.4MM | Undisclosed Investors |