Thrasio is an E-commerce platform that acquires and develops third party FBA products and brands.
Thrasio is the world's largest acquirer of Amazon third-party private label businesses, having integrated over 40 businesses into their industry-leading operating platform.
Thrasio was founded in 2018 by Carlos Cashman and Joshua Silberstein. The company is headquartered Walpole, Massachusetts.
The Fulfilled by Amazon (FBA) ecosystem acts as a unique launchpad for brand success, but as small sellers' niche brands evolve into multimillion-dollar businesses they become complex and capital constrained, prompting many sellers to seek a successful exit.
Thrasio purchases these category-leading brands - known for selling everyday products - for a typical purchase price of $1+ million, giving small business owners their hard-won payout.
Thrasio has evaluated over 6,000 Amazon companies, and has to date has acquired and consolidated over 100 brands (and 15,000 products) selling on Amazon.
Thrasio products have been the trusted items that consumers turned to for their lockdown needs, including URBNfit exercise gear, the leader in Anti Fatigue Floor Mats, Crafts 4 All art supplies and the fastest growing Pet Deodorizer on Amazon.
Thrasio is backed by Advent International, Oaktree, Peak6, JP Morgan Chase, Goldman Sachs, BlackRock, Upper90, WTI, River Park Ventures, Barclays, UBS and others. The company raised $100M as an extension of its Series C on Apr 01, 2021. This brings Thrasio's total funding to $1.75B to date. Thrasio gained a $1B valuation from the 1st tranche of it Series C raised in Jul 2020.