Razor Group and Perch raised $100M in a funding round led by Presight Capital to consolidate their e-commerce aggregation model on a $1.7B valuation.
Mar 04, 2024•almost 2 years ago
Amount Raised
$100 Million
BerlinRetailInvestors
Global Founders CapitalUpper90Black RockL CattertonSpark CapitalSoft BankVictory Park CapitalUndisclosed InvestorsPresight Capital
Description
Berlin’s Razor Group has acquired U.S.-based Perch and raised just over $100 million, led by Presight Capital with other undisclosed investors participating. The combined business has an enterprise value of $1.7 billion with about $400 million of debt.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech