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Venture Capital News: unybrands Closes Series B Financing Round

2024-02-22
MIAMI, FL, unybrands has closed its Series B funding round that provides significant flexibility for future acquisitions and organic growth initiatives.
unybrands, an integrated platform built to scale e-commerce businesses on and off Amazon, today announced that it closed its largest acquisition to date in an all cash deal. This transaction adds six additional brands across the Home, Lifestyle, Juvenile and Outdoor categories. The acquisition is highly complementary to unybrands' existing platform; it greatly increases unybrands' European footprint while realizing significant synergies through cross-leveraging brand and marketplace capabilities.

Concurrently, unybrands has closed its Series B funding round that provides significant flexibility for future acquisitions and organic growth initiatives. It will also serve to fully refinance the company's prior credit facility. The strong investor interest and support reflects confidence in unybrands' attractive performance track-record and growth potential, as well as it's cashflow positive business model and its industry-leading platform

unybrands is building the next generation e-commerce platform for consumer brands. The company acquires successful e-commerce businesses operating on Amazon, Shopify and other DTC platforms, and leverages its proprietary technology platform, tools and processes to optimize business operations, accelerate growth and improve profitability. With unybrands, e-commerce businesses reach new heights with expert operators and infrastructure.
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