Boosted Commerce
Financials
Estimates*
USD | 2020 | 2022 | 2023 |
---|---|---|---|
Revenues | <1m | 16.0m | 16.0m |
Date | Investors | Amount | Round |
---|---|---|---|
$87.0m | Early VC | ||
N/A | Series A | ||
Total Funding | €79.1m |
Recent News about Boosted Commerce
EditBoosted Commerce is a company that specializes in acquiring ecommerce businesses, particularly those operating on platforms like Amazon and Shopify. Their business model is centered around purchasing well-positioned brands and private-label Fulfillment by Amazon (FBA) businesses that show potential for growth. Their target market includes entrepreneurs who are looking to exit their businesses, with a promise of a transparent and speedy transaction process that can be completed in less than 30 days.
In addition to their core business, Boosted Commerce has also ventured into the food, sustainability, and wellness sectors through a joint venture with NR Instant Produce (NRF). This partnership allows them to extend their reach to third-party sellers in these sectors across 30 additional countries, offering them expertise in consumer healthcare products.
Boosted Commerce's revenue model is likely based on the profits generated from the ecommerce businesses they acquire. After purchasing a business, they aim to grow it further, thereby increasing its value and profitability. They also emphasize a customer-centric approach, focusing on brands that understand their customers well.
The company was co-founded by experienced entrepreneurs who have successfully grown several businesses, and they position themselves as partners to the entrepreneurs they work with. They commit to learning every aspect of the businesses they acquire to ensure a smooth transition and continued growth.
Keywords: Ecommerce, Acquisition, Amazon, Shopify, FBA, Entrepreneurs, Joint Venture, Food, Sustainability, Wellness.