When was Elevate Brands founded?

Elevate Brands was founded in 2009 and raised its 1st funding round 12 years after it was founded.

Where is Elevate Brands located?

Elevate Brands is headquartered in New York City, United States.

Who is the current CEO of Elevate Brands?

Ryan Gnesin of Elevate Brands. They are also an angel investors in 1 startup.

How many employees does Elevate Brands have?

As of Feb 28, 2026, the latest employee count at Elevate Brands is 36.

Is Elevate Brands a funded company?

Elevate Brands is a funded company, having raised a total of $372M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 25, 2021.

When was the latest funding round of Elevate Brands?

Elevate Brands' latest funding was a $***** Series B round on Nov 08, 2021, with participation from 3 investors.

Where does Elevate Brands rank among its competitors?

Elevate Brands ranks 46th amongst 131 active competitors, of which 67 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Merama, which secured $45M in Apr, 2025.

Who are the top competitors of Elevate Brands?

Elevate Brands' top competitors include THG, Thrasio and Merama. Among them, Merama secured the most recent funding round in April, 2025.

Elevate Brands - 2026 Company Profile, Team, Funding & Competitors

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.

Website: elevatebrands.com
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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

Series B, Nov 08, 2021, $*****

Investors

Acceleprise & 9 more

Ranked

46^th among 131 active competitors

Employee Count

36 as on Feb 28, 2026

Similar Companies

Thrasio & 66 more

Exit Details

Acquired by SellerX (May 31, 2023)

View Elevate Brands' full profile

Elevate Brands is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ELEVATE BRANDS LLC CIN: 7087074 , United States, Active	Oct 03, 2018	-	-	-

Elevate Brands got acquired by SellerX on May 31, 2023. It was facilitated by Morrison & Foerster.

Click here to take a look at Elevate Brands's acquisition in detail

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 08, 2021	9728280	Series B	7480565	1394878	1994792	7411050
Jul 12, 2021	7742327	Conventional Debt	1075847	9627500	8221862	FJ Labs & 3 more
Jul 12, 2021	7442160	Series B	9712261	9502063	Upper90	FJ Labs & 3 more

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View details of Elevate Brands's funding rounds and investors

The founders of Elevate Brands are Ryan Gnesin and James Lucien Stein.

Here are the details of Elevate Brands' key team members:

Ryan Gnesin: Founder & CEO of Elevate Brands. They are also an angel investor in 1 startup.
James Lucien Stein: Co-Founder & Executive Board Member of Elevate Brands.

View details of Elevate Brands's Founder profiles and Board Members

Elevate Brands' employee count trend

Elevate Brands has 36 employees as of Feb 26. Here is Elevate Brands's employee count trend over the years:

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Top competitors of Elevate Brands include THG, Thrasio and Merama. 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	THG 2004, Manchester (United Kingdom), Public	Platform acquiring digital consumer brands	$723M	BlackRock, Sofina & 53 others	77/100
2nd	Thrasio 2018, Walpole (United States), Series D	Platform acquiring Amazon FBA brands	$3.4B	Advent International, Oaktree Capital Management ... & 29 others	76/100
3rd	Merama 2020, Mexico City (Mexico), Series B	Platform acquiring eCommerce businesses	$430M	Advent International, SoftBank Group & 16 others	70/100
4th	GlobalBees 2021, Delhi (India), Series B	Platform offering builder and scaler of direct-to-consumer brands	$210M	FirstCry, Premji Invest & 22 others	69/100
5th	SellerX 2020, Meerbusch (Germany), Series B	Provider of brand acquisition and management services for amazon-based retailers	$830M	Sofina, TriplePoint Capital & 27 others	69/100
6th	Razor Group 2020, Berlin (Germany), Series D	Platform acquiring Amazon FBA brands	$1B	Redalpine, Victory Park Capital Advisors ... & 30 others	67/100
7th	Pangaea 2019, Los Angeles (United States), Series C	Providing solution to create digital-first brands for businesses	$87M	Eurazeo, GPO Fund & 8 others	66/100
8th	Una Brands 2017, Singapore (Singapore), Series B	Operator of e-commerce brands in Asia	$115M	Alpha JWC Ventures, White Star Capital & 26 others	65/100
9th	GOAT Brand Labs 2021, Bengaluru (India), Series A	Investor in and scaler of D2C lifestyle brands	$109M	Tiger Global Management, BlackRock & 36 others	65/100
10th	Evenflow 2021, Mumbai (India), Series A	Platform offering acquisition and scaling of e‑commerce businesses	$14.5M	100Unicorns, LetsVenture & 54 others	64/100
46th	Elevate Brands 2009, New York City (United States), Acquired	Platform acquiring and operate Amazon FBA businesses	$372M	FJ Labs, Upper90 & 8 others	47/100