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•over 1 year ago

Amount Raised

$100 Million

BerlinRetail

Investors

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.

Company Information

Company

Razor Group

Location

Berlin, Berlin, Germany

About

Today Razor Group is one of Europe’s fastest growing and most profitable unicorns. We are building a global eCommerce powerhouse by prioritizing operational efficiency through the use of accurate scaling and technology. With a recent Series C raise of over €80 million and ongoing strategic acquisitions, Razor Group is poised to make a significant impact on the e-commerce industry. Our vision is becoming a reality!

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