Sellerx Raises $500 Million In Additional Financing, Reaching Unicorn Valuation
12/09/21, 8:00 AM
Location
berlinMoney raised
$500 million
SellerX, Europe's leading aggregator of e-commerce businesses, announced today it has raised an additional approximately $500 million in debt and equity financing led by Sofina, funds and accounts managed by BlackRock, and Victory Park Capital, with participation from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and existing investors. The financing will be used to fuel growth, support additional acquisitions and further build out SellerX's operational infrastructure and systems. The funding comes shortly after the previously announced $118 million equity round in August 2021, which was led by the Growth Fund of L Catterton. SellerX has a unicorn valuation on a pre-money basis and has raised more than $750 million to date.
Company Info
Location
berlin, maryland, united states
Additional Info
SellerX was founded in September 2020 by Malte Horeyseck and Philipp Triebel with the backing of top investors. It quickly became a leading acquirer of third-party brands on the Amazon marketplace in Europe and the United States bringing 40+ brands under its umbrella in under a year. The company's goal is to be the Buyer of Choice for top Amazon FBA and other e-commerce sellers and to establish an innovative new model for the future of consumer goods globally.