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Berlin’S Razor Group Raises $125M At A $1B+ Valuation For A Platform To Buy And Scale Third-Party Amazon Merchants
Amount Raised
$125 Million
Description
Companies snapping up merchants selling on Amazon to build in more e-commerce economies of scale into the model are on a rapid pace of growth at the moment, fueled in no small part by giant infusions of money from the world of venture capital. In the latest development, Berlin’s Razor Group — one of the more ambitious of the aggregators out of Europe — has now raised $125 million of equity funding in a Series B round that CEO and co-founder Tushar Ahluwalia said pushes the company past a $1 billion valuation.
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