Scaling or selling a third-party Amazon Marketplace eCommerce business can be difficult. Without the right resources and insights, these decisions can be overwhelming and often result in long waits until business owners receive their sale proceeds.
Elevate Brands is a brand aggregator providing exit strategies to Amazon Marketplace brands through acquisition, promising a 30-day closure period. If an eCommerce brand is instead looking to scale, the startup provides assistance through partnerships, analytics, and marketing tools in exchange for a share of future earnings.
So far, the company has acquired over 30 Amazon brands and secured over $372 million in funding. Elevate Brands plans to use this cash to expand its acquisition portfolio with an aim to own over 100 category-leading brands by the end of 2022.
Steph
Company Specialist at Welcome to the Jungle