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
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.

You May Also Like

Zepz Expands Business by Acquiring Pomelo International

The acquisition aims to diversify Zepz's services beyond remittances.Highlights: Zepz acquires Pomelo International to diversify offerings.The deal aims...

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic...

UK Government Appoints AI Champions, Strengthening Tech Leadership

Starling's CIO and Lloyd's AI Chief Named Key Figures in AI DevelopmentHighlights: Starling CIO and Lloyds AI Chief...

Zepz Strengthens Portfolio with Pomelo Acquisition to Expand Services

The remittance leader Zepz moves into the payments space with new purchase.Highlights: Zepz acquires Pomelo to broaden its...