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Boosted Commerce Secures USD 87m in Funding to Build Portfolio of E-Commerce Brands
Monday 21 September 2020

California-based Boosted Commerce has received USD 87m in funding with investors that include Torch Capital and Crosscut Ventures, to build its portfolio of e-commerce brands, the company said.

Also participating in the funding round are Spencer Rascoff, entrepreneur and co-founder of Zillow and Hotwire; Elie Seidman, former CEO of Tinder; Tucker Kain, president of Los Angeles Dodgers; Ken Ramberg, founder of Goodpods; Scott Hendrickson, co-founder and partner, Permian Investment Partners; Thomas O. Staggs, former chief operating officer of The Walt Disney company; Marc Mezvinksy, managing director TPG; and David Farahi, chief operating officer of Monarch Casino and Resort Inc.

Boosted has acquired six Amazon fulfillment companies as it scales quickly toward its goal of building a comprehensive ecommerce portfolio platform. Boosted plans to acquire and develop 100 e-commerce Consumer Package Brands over the next four years.

Boosted is an acquisition company that focusses on third party FBA sellers on Amazon.
Date Published: 21/09/2020