SellerX
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SellerX - overview
Established
2020
Location
Berlin, -, Germany
Primary Industry
Financial Services
About
Based in Berlin, Germany, and was founded in 2020 by co-founders Malte Horeyseck and Philipp Triebel. MXP Prime Platform GmbH, trading as SellerX. The company operates as a brand acquisition from small-medium enterprise companies and grows into a business portfolio. In November 2020, SellerX raised its Seed funding, followed by venture funding in March 2021.
In August 2021, the company raised its Series B funding for USD 100 million. As of 2021, the firm has already raised almost a quarter of a billion EUR in debt and equity. It now includes almost 30 evergreen companies from various sectors. The company offers brand acquisition and management services to Amazon-based businesses.
The company acquires Amazon brands and expands them by combining them into a business portfolio, allowing Amazon-based businesses to sell their operations for a reasonable price. The funding in August 2021 will further raise its debt and keep building its portfolio by acquiring the best Amazon sellers in Europe, the US, and China.
Current Investors
TriplePoint Capital, Cherry Ventures, Felix Capital
Primary Industry
Financial Services
Sub Industries
Investment Banking, Private Equity
Website
www.sellerx.com
Verticals
E-commerce, FinTech
Company Stage
Series B
Total Amount Raised
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