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Thrasio
Consumer goods company
- 501-1000 employees
- B2B
- Investing
- Consumer Goods
- eCommerce
- Walpole, Walpole, MA
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Company mission
To reimagine how the world’s most loved products become accessible to everyone.
-27% employee growth in 12 months
Our take
The number of third party sellers on Amazon is estimated to be around 5 million and growing. Thrasio is a swiftly expanding roll-up business, buying up sellers in the Amazon FBA ecosystem and offering an earn out incentive to those who choose to sell their businesses.
After acquisition, Thrasio acts as a kind of steward to the brand, ushering it through a migration process using technology that inputs data and outputs strategy as well as utilising in-house brand managers, supply chain experts, and growth marketers. This results in lots of best seller tags and meaningful increases in sales revenue.
It's a fiercely competitive space, with many rivals like Perch in the US and early stage startup, Branded in Europe. However, Thrasio is forging ahead having raised over $3 billion so far to continue its rapid pace of buying up more third-party sellers, as well as securing Amazon veteran Georg Hesse as Vice-President UK, DE. It's a smart move as he will certainly bring valuable insights as the company pushes forward into Europe.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- WFPMA (work from pretty much anywhere) or in one of our offices
- Collaborate with incredibly smart folks, 95% of whom say they’d recommend Thrasio as a great place to work
- Learn and grow with free access to subscription sites and educational events
- See more of the world and your family with unlimited paid time off
- Own a stake in Thrasio and be rewarded for your hard work
Funding (last 2 of 7 rounds)
Oct 2021
$1bn
SERIES D
Apr 2021
$100m
SERIES C
Total funding: $2.2bn
This company has top investors
Leadership
Joshua Silberstein
(CEO)20+ years of experience successfully building companies as a founder, investor, board member, and CEO.
Carlos Cashman
(Director)Experienced entrepreneur, investor, and manager, specifically in advertising, marketing, and high tech (software and hardware). Started fifteen companies, and been a part of several more startups, venture-backed and non-venture backed.