FinTechFunding

Jungle Scout: Raises $110M in Growth Funding

  • Jungle Scout, an Austin, Texas-based provider of a platform for selling on Amazon, raised $110m in growth funding
  • The round was led by Summit Partners and Jungle Scout Founder & CEO Greg Mercer
  • Founded in 2015, Jungle Scout is a platform for selling on Amazon
  • The company currently features a full suite of business management solutions and market intelligence resources to allow entrepreneurs and brands to manage their ecommerce businesses
  • Today, Jungle Scout supports more than $8 billion in Amazon revenue and serves over 500,000 brands and entrepreneurs who are working to build businesses on Amazon
  • In June 2020, Jungle Scout also introduced Cobalt, a market intelligence and product insights platform built to help enterprise brands win the Amazon channel
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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