Thrasio Raises More Than $1 Billion With Series D Round
New York – October 27, 2021 – Cooley advised Thrasio, a consumer goods company, on its more than $1 billion Series D financing round, which brings the company’s total funding to more than $3.4 billion. Partner Adam Dinow led the Cooley team advising Thrasio.
Silver Lake led the round, which included participation from existing investors Advent International, Upper90, Oaktree Capital Management, Peak6 and Corner Capital. Thrasio will use the new capital to continue acquiring promising brands – both domestically and internationally – while expanding distribution through additional channels.
“Amazon’s Marketplace is an amazing ecosystem that has changed the game for consumers and entrepreneurs, and we’re proud to make it even stronger,” Carlos Cashman, co-founder and CEO of Thrasio, said in a news release. “By carefully selecting, vetting and growing exceptional brands, we help ensure that sellers are rewarded for their work and consumers find quality goods. We’ll use these funds to help sellers everywhere achieve their dreams and start chasing the next.”
Thrasio’s deep experience and analytics-driven approach have enabled it to quickly identify and acquire beloved brands with growth potential. Where traditional consumer goods companies take years to conceptualize, design and market products, Thrasio’s unique approach has customer feedback built into the business model. With more than 150 completed acquisitions spanning thousands of products, consumers everywhere already rely on Thrasio for high-quality goods.
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