Razor Group: Closes $125M Series B Funding Round
- Razor Group, a Berlin, Germany-based company that acquires and scales e-commerce merchants, closed a $125m Series B funding round
- Backers included Fortress Investment Group, 468 Capital, Victory Park Capital, Presight Capital, Blackrock, Jebsen Capital, GFC, and Redalpine
- The round brought the valuation to over $1 billion
- The company intends to use the funds to continue to expand its business reach
- The company’s business model is based on the comprehensive integration of merchants into a wider operations framework
- It is now on track to have more than 80 merchants in its group by the year-end and targeting to pass $1 billion in sales in 2022
