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Elevate Brands - About the company

Elevate Brands is an acquired company based in New York City (United States), founded in 2009. It operates as a Platform acquiring and operate Amazon FBA businesses. Elevate Brands has raised $372M in funding from investors like Forum Ventures, Soroban Capital Partners and Upper90. The company has 115 active competitors, including 59 funded and 13 that have exited. Its top competitors include companies like Thrasio, THG and Evenflow.

Company Details

Platform acquiring and operating Amazon FBA businesses. The company analyzes and evaluates the FBA business and offers price quoting for the businesses owner. After accepting the deal, it closes the deal with a fund transfer. It also provides partnership by scaling the business and sharing the future earnings.
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Key Metrics
Founded Year
2009
Location
New York City, United States
Stage
Acquired
Total Funding
$372M in 5 rounds
Latest Funding Round
Ranked
Employee Count
83 as on Apr 11, 2024
Similar Companies
Exit Details
Acquired by SellerX (May 31, 2023)

Elevate Brands's acquisition details

Elevate Brands got acquired by SellerX on May 31, 2023.
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Elevate Brands's funding and investors

Elevate Brands has raised a total funding of $372M over 5 rounds. Its first funding round was on Feb 25, 2021. Its latest funding round was a Series B round on Nov 08, 2021 for $*****. 3 investors participated in its latest round. Elevate Brands has 5 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Elevate Brands:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 08, 2021
5257805
Series B
2321498
2593197
6840106
9971400
Jul 12, 2021
6857201
Conventional Debt
4214277
5777681
4698161
Jul 12, 2021
4053053
Series B
8532443
8570506
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Elevate Brands' founders and board of directors

Founder? Claim Profile

Elevate Brands' employee count trend

Elevate Brands has 83 employees as of Apr 24. Here is Elevate Brands's employee count trend over the years:
Employee count trend for Elevate Brands
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Elevate Brands's Competitors and alternates

Top competitors of Elevate Brands include Thrasio, THG and Evenflow. Here is the list of Top 10 competitors of Elevate Brands, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Thrasio
Thrasio
2018, Walpole (United States), Series D
Platform acquiring Amazon FBA brands
$3.4B
76/100
2nd
Logo for THG
THG
2004, Manchester (United Kingdom), Public
Platform acquiring digital consumer brands
$723M
76/100
3rd
Logo for Evenflow
Evenflow
2021, Mumbai (India), Series A
Platform offering acquisition and scaling of e‑commerce businesses
$14.5M
71/100
4th
Logo for TechStyle
TechStyle
2010, El Segundo (United States), Series C
Provider of membership commerce solutions for fashion businesses
$340M
70/100
5th
Logo for GlobalBees
GlobalBees
2021, Delhi (India), Series B
Platform offering builder and scaler of direct-to-consumer brands
$210M
69/100
6th
Logo for GOAT Brand Labs
GOAT Brand Labs
2021, Bengaluru (India), Series A
Provider of services for direct-to-consumer brand acquisition and scaling
$109M
68/100
7th
Logo for Razor Group
Razor Group
2020, Berlin (Germany), Series D
Platform acquiring Amazon FBA brands
$1B
67/100
8th
Logo for Perch
Perch
2019, Boston (United States), Acquired
Provider of customer-centric e-commerce and product development
$906M
66/100
9th
Logo for Una Brands
Una Brands
2017, Singapore (Singapore), Series B
Operator of e-commerce brands in Asia
$115M
65/100
10th
Logo for UpScalio
UpScalio
2021, Gurugram (India), Series A
Online brand acquirer for e-commerce businesses
$57.5M
62/100
35th
Logo for Elevate Brands
Elevate Brands
2009, New York City (United States), Acquired
Platform acquiring and operate Amazon FBA businesses
$372M
47/100
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Elevate Brands's Investments and acquisitions

Elevate Brands has made no investments or acquisitions yet.

Reports related to Elevate Brands

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News related to Elevate Brands

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