Elevate Brands, a New York- and Austin-based startup that acquires and runs third-party Amazon merchants, has picked up $250 million in funding, money that it will be using both to continue investing in its technology, as well as to buy up more small businesses.
Check out the coverage for their funding announcement below!
TechCrunch: Elevate Brands banks $250M to roll up third-party merchants selling on Amazon’s marketplace
Austin Business Journal: How Elevate Brands will use fresh $250M to scale the Amazon sellers it acquires
Austin American-Statesman: Elevate Brands, which recently opened Austin HQ, lands $250 million to fuel growth
Multichannel Merchant: Elevate Brands Raises Additional $250M in Funding To Fuel Global Acquisitions of Amazon Marketplace Sellers
The Hustle: Investors are rolling up Amazon stores. And making a killing.
Axios: Top of the Morning Newsletter
Business Insider Deutschland: While you Slept Newsletter
Ecommerce Times: Amazon Seller Acquisition Market Seeing Unprecedented Activity
SaaS Industry: Elevate Brands raises $250M in additional funding to continue expanding into international markets
Tech Breezer: Elevate Brands Bank $ 250 Million to Gather Third-Party Vendors Selling in Amazon Marketplace
Startup Around: Elevate Brands Raises $250M in Funding
Sales Ground: Amazon seller acquisition market with unprecedented activity
Austin Business Journal: In the money July 19: Nearly $400M raised in Austin
Multichannel Merchant: Elevate Brands Raises $250M to Grow Amazon Rollup Business