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Heyday Raises $555M To Buy Up And Scale More D2C Brands On The Amazon Marketplace Universe

Heyday Raises $555M To Buy Up And Scale More D2C Brands On The Amazon Marketplace Universe

11/16/21, 2:22 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$555 million
Industry
information technology
Consolidation to have better economies of scale is one of the biggest themes in the world of e-commerce, and today a player in the world of online retail is announcing a large round of funding to double down on its approach to the concept. San Francisco-based Heyday — which buys up and then grows direct-to-consumer merchants and brands that have found initial traction, leveraging the Amazon marketplace — has raised $555 million, a Series C that it will be using to continue expanding its technology, investing in business development, and to buy up more assets. Specifically, it will also be opening deepening its engagement in Asia (with a seventh office in China); hiring more brand management experts and other talent; investing in more product development; and building out its marketing, supply chain, data science and M&A tech stacks.

Company Info

Company
Heyday
Location
san francisco, california, united states
Additional Info
Heyday is a platform accelerating digital brands for today’s consumers. We acquire and incubate leading digitally-native brands through innovative partnerships with eCommerce entrepreneurs. Once a part of the Heyday platform, brands tap into technology, data and capital custom-built to drive exponential revenue and profit growth. Our digital-first approach to brand building is unlocking the overlooked potential in the $2.7 trillion global marketplace economy. Heyday has over 200 global employees with deep eCommerce expertise, and has raised over $800 million from visionary investors like General Catalyst and Khosla Ventures.