Thrasio - About the company
Thrasio is a series D company based in Walpole (United States), founded in 2018 by Carlos Cashman and Joshua Silberstein. It operates as a Platform acquiring Amazon FBA brands. Thrasio has raised $3.4B in funding from investors like Advent International, Oaktree Capital Management and Western Technology Investment, with a current valuation of $5B. The company has 135 active competitors, including 68 funded and 12 that have exited. Its top competitors include companies like THG, TechStyle and SellerX.
Sectors and market segments that Thrasio operate in
Thrasio serves in the B2B space in the Retail market segments.The primary business model of Thrasio are:Company Details
Platform acquiring Amazon FBA brands. The company acquires private label Amazon FBA businesses and direct-to-consumer e-commerce brands. The company evaluates the business and offers a deal to the seller. After acquiring the businesses, the company optimizes and operates the brands to expand through marketing, product development, supply chain management, and wholesale expansion, leading to financial and operating growth.
- Website
- thrasio.com
- Registered Address
- 85 West St, Walpole, Massachusetts, 02081, United States
Key Metrics
Founded Year
2018
Location
Walpole, United States
Stage
Series D
Total Funding
$3.4B in 9 rounds
Latest Funding Round
Post Money Valuation
$5B as on Oct 25, 2021
Investors
Ranked
1st among 135 active competitors
Employee Count
1,120 as on Dec 31, 2021
Investment & Acquisitions
Legal entities associated with Thrasio
Thrasio is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
Apr 26, 2018 | - | 1120 (as on Dec 31, 2021) | - |
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Thrasio's funding and investors
Thrasio has raised a total funding of $3.4B over 9 rounds. Its first funding round was on Apr 03, 2019. Its latest funding round was a Series D round on Oct 22, 2021 for $1B. 6 investors participated in its latest round, lead by Silver Lake and Advent International.
Thrasio has 18 institutional investors including Advent International, Oaktree Capital Management and Western Technology Investment. There is only 1 Angel Investor in Thrasio.
Here is the list of recent funding rounds of Thrasio:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Oct 22, 2021 | $1B | Series D | $5B | - | |
Sep 2021 | $650M | Conventional Debt | - | - | - |
Mar 17, 2021 | $100M | Series C | $3B | - |
View details of Thrasio's funding rounds and investors
Thrasio's founders and board of directors
Founder? Claim ProfileThe founders of Thrasio are Carlos Cashman and Joshua Silberstein. Carlos Cashman is the CEO of Thrasio.
Here are the details of Thrasio's key team members:
- Carlos Cashman: Co-Founder & Co-CEO of Thrasio. They are also an angel investor in 2 startups.Contact Info: 2 email addresses
- Joshua Silberstein: Co-Founder & Co- CEO of Thrasio.
View details of Thrasio's Founder profiles and Board Members
Thrasio's employee count trend
Thrasio has 1,120 employees as of Dec 21. Here is Thrasio's employee count trend over the years:Access Tracxn on any website
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Thrasio's Competitors and alternates
Top competitors of Thrasio include THG, TechStyle and SellerX. Here is the list of Top 10 competitors of Thrasio, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
---|---|---|---|---|---|
1st | Thrasio 2018, Walpole (United States), Series D | Platform acquiring Amazon FBA brands | $3.4B | 78/100 | |
2nd | THG 2004, Manchester (United Kingdom), Public | Platform acquiring digital consumer brands | $723M | 77/100 | |
3rd | TechStyle 2010, El Segundo (United States), Series C | Provider of membership commerce solutions for fashion businesses | $340M | 70/100 | |
4th | Provider of brand acquisition and management services for amazon-based retailers | $830M | 69/100 | ||
5th | Platform acquiring eCommerce businesses | $430M | 68/100 | ||
6th | GOAT Brand Labs 2021, Bengaluru (India), Series A | Investor in and scaler of D2C lifestyle brands | $109M | 67/100 | |
7th | Rainforest 2020, Singapore (Singapore), Series A | Platform acquiring Amazon FBA brands | $71.5M | 67/100 | |
8th | Forum Brands 2020, Palo Alto (United States), Series A | Platform offering brand management solutions | $51.4M | 67/100 | |
9th | Heyday 2020, San Francisco (United States), Acquired | Acquirer and incubator of digital brands and e-commerce businesses | $800M | 64/100 | |
10th | Razor Group 2020, Berlin (Germany), Series D | Platform acquiring Amazon FBA brands | $1B | 64/100 |
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Thrasio's Investments and acquisitions
Thrasio has made 4 investments in companies including Swiftline and Zeenk. Thrasio has also acquired 6 companies including The California Beach and Lifelong Online. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Feb 28, 2023 | Acquisition | 2018 | Los Angeles, United States | |
Mar 04, 2022 | Investments | 2021 | New York City, United States | |
Jan 14, 2022 | Acquisition | 2015 | Gurugram, India |
Reports related to Thrasio
Here is the latest report on Thrasio's sector:
News related to Thrasio
Media has covered Thrasio for a total of 5 events in the last 1 year, 3 of them have been about company updates and 1 about people movement.
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Amazon Brand-Buying Sprees End in Bankruptcy - WSJThe Wall Street Journal•Nov 01, 2024•Amazon, Thrasio
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Ecommerce Firm Thrasio’s Collapse Leads to Private Equity FightPYMNTS.com•Sep 09, 2024•Thrasio, Oaktree Capital Management, Silver Lake, Advent International
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Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcyCNBC•Apr 25, 2024•Thrasio
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Thrasio, once a top Amazon sellers’ aggregator, files for Chapter 11 bankruptcyTechPortal•Feb 28, 2024•Thrasio, Amazon
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E-commerce Aggregator Thrasio Takes $90M to Recover, Files for Chapter 11Global Village Space•Feb 28, 2024•Thrasio, Amazon
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Thrasio Enters Restructuring Support Agreement to Eliminate $495MM in DebtABFJournal•Feb 28, 2024•Thrasio
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Thrasio Initiates Chapter 11 Process; Enters RSA to Eliminate $495MM in DebtABL Advisor•Feb 28, 2024•Thrasio
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