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Profound Commerce Raises $53 Million To Acquire And Turbocharge E-Commerce Brands

Profound Commerce Raises $53 Million To Acquire And Turbocharge E-Commerce Brands

10/13/21, 1:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgaustin
Money raised
$53 million
Profound Commerce, an acquirer and operator of Amazon third-party businesses, today announced it has secured $53 million in a combined equity and debt financing from Atalaya Capital Management LP, a private credit and special opportunities investment manager based in New York. The proceeds of the facility will be used to acquire additional e-commerce brands in keeping with Profound Commerce's category-focused strategy, and to expand Profound Commerce's operating platform.

Company Info

Company
Profound Commerce
Location
austin, texas, united states