About Elevate Brands
Elevate Brands is a company based in New York (United States) founded in 2009 by James Lucien Stein was acquired by SellerX in May 2023.. Elevate Brands has raised $372.5 million across 5 funding rounds from investors including SellerX, Oaktree Capital Management and FJ Labs. The company has 7 employees as of December 31, 2024. Elevate Brands offers products and services including Business Acquisition Service and Resources and Guides. Elevate Brands operates in a competitive market with competitors including TechStyle, Thrasio, THG, Perch and SellerX, among others.
- Headquarter New York, United States
- Employees 7 as on 31 Dec, 2024
- Founders James Lucien Stein
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Sectors
TechnologyRetail
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Phone
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Website
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Social
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- Legal Name Elevate Brands Llc
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Products & Services of Elevate Brands
Elevate Brands offers a comprehensive portfolio of products and services, including Business Acquisition Service and Resources and Guides. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates buying and selling of Amazon eCommerce businesses for growth.
Provides strategies and insights for Amazon business owners.
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Funding Insights of Elevate Brands
Elevate Brands has successfully raised a total of $372.5M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $55 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $55.0M
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First Round
First Round
(25 Feb 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Series B - Elevate Brands | Valuation | Soroban Capital Partners | |
| Jul, 2021 | Amount | Debt – Conventional - Elevate Brands | Valuation |
investors |
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| Jul, 2021 | Amount | Series B - Elevate Brands | Valuation | Upper90 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Elevate Brands
Elevate Brands has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include SellerX, Oaktree Capital Management and FJ Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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An investment firm focused on public companies across sectors.
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Founded Year | Domain | Location | |
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Seed and early-stage tech startups are invested in by Upper90.
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Founded Year | Domain | Location | |
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Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elevate Brands
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elevate Brands
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elevate Brands Comparisons
Competitors of Elevate Brands
Elevate Brands operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TechStyle, Thrasio, THG, Perch and SellerX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Membership commerce solutions for fashion businesses are provided.
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| domain | founded_year | HQ Location |
Platform acquiring Amazon FBA brands
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| domain | founded_year | HQ Location |
Digital consumer brands are acquired and enabled by technology platform.
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| domain | founded_year | HQ Location |
Customer-centric e-commerce and product development services are provided globally.
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| domain | founded_year | HQ Location |
Brands are acquired and managed for Amazon-based retailers.
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| domain | founded_year | HQ Location |
Platform acquiring eCommerce businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elevate Brands
Frequently Asked Questions about Elevate Brands
When was Elevate Brands founded?
Elevate Brands was founded in 2009 and raised its 1st funding round 12 years after it was founded.
Where is Elevate Brands located?
Elevate Brands is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Elevate Brands a funded company?
Elevate Brands is a funded company, having raised a total of $372.5M across 5 funding rounds to date.
How many employees does Elevate Brands have?
As of Dec 31, 2024, the latest employee count at Elevate Brands is 7.
What does Elevate Brands do?
Elevate Brands was founded in 2009 and is headquartered in New York, United States. Operations focus on the e-commerce sector, specifically acquiring and managing Amazon FBA businesses. Businesses are analyzed and evaluated, with price quotes provided to owners. Deals are closed through fund transfers after acceptance. Partnerships are extended for scaling operations, including revenue sharing from future earnings.
Who are the top competitors of Elevate Brands?
Elevate Brands's top competitors include Mensa Brands, Thrasio and THG.
What products or services does Elevate Brands offer?
Elevate Brands offers Business Acquisition Service and Resources and Guides.
Who are Elevate Brands's investors?
Elevate Brands has 11 investors. Key investors include SellerX, Oaktree Capital Management, FJ Labs, Soroban Capital Partners, and Upper90.
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