- Elevate Brands, a New York and Austin, TX-based leader in acquiring and operating Amazon third-party businesses, raised an additional $12.5m in funding
- The additional investment brings the company’s funding total to over $67.5m in 2021
- Led by Ryan Gnesin, CEO, Elevate Brands specializes in acquiring, launching and operating consumer Amazon brands
- The company also offers Amazon Third Party sellers clear and compelling exit opportunities with fair, transparent valuations
- Elevate Brands also uses a data-driven approach to acquiring businesses, finalizes its underwriting process within 30 days and utilizes its global network to provide new brands
- The company, which is on track to hit over $150M in revenue by the end of 2021, is acquiring sellers at a pace of 3-4 new brands per month and on pace to acquire 100 brands by the end of 2022
