Elevate Brands: Raises $250M in Funding
- Elevate Brands, a New York & Austin TX-based company focused on acquiring and operating Amazon third-party businesses,, raised $250M in funding
- The company intends to use the funds to accelerate growth, expand operations and its business reach
- Led by Ryan Gnesin, ElevateBrands specializes in acquiring, launching and operating consumer Amazon brands
- As an Amazon operator since 2016, the company brings insights and the ability to build businesses in one of the fastest-growing sectors of the economy
- ElevateBrands has a marketplace-agnostic strategy to support each brand’s long-term growth and plans to build legacy CPG brands through the support of its global team
- With more than 25 brands in its portfolio, the company is expanding rapidly through a targeted international acquisition strategy
