Razor, a Berlin, Germany-based aggregator of e-commerce consumer goods businesses, received a $70M investment.
The round was led by L Catterton with participation from 468 Capital and Presight Capital.
The company intends to use the funds to execute selected consolidation opportunities, to support organic growth initiatives focused on brand extensions and new product development, and to expand its international presence.
Co-founded by Tushar Ahluwalia, Christoph Gamon, Shrestha Chowdhury & Dr. Oliver Dlugosch, Razor acquires profitable Amazon FBA businesses and other online marketplaces sellers which have demonstrated product quality, customer satisfaction and business acumen. The company combines growth capital with extensive e-commerce expertise, thereby ensuring that the acquired businesses reach the next stage in their development.
Razon also acquired Valoreo, an e-commerce player in Latin America led by Co-Founders and Co-CEOs Stefan Florea and Martin Florea, and backed by L Catterton, Kaszek Ventures, and Presight Capital, reaching a significant presence in the region. Over the last 12 months, the company has generated close to $400M in Pro-Forma LTM Net Revenues.
FinSMEs
24/12/2022