Perch, a technology-driven commerce company that acquires and operates top Amazon Marketplace businesses with winning products in their respective categories, today announced that it has closed $123.5M in new financing. This brings the Company's total funding to date to over $130M. The round was led by Spark Capital and includes past investor Tectonic Ventures, with Boston Seed as a new investor. Perch will use the funds to continue to acquire category-leading products and companies, build out its core team, and further invest in its technology platform.

Perch seeks high-quality products and brands that have a steady history of strong customer reviews, are consistently one of the top three products within their category, and have potential for expansion. Perch quickly evaluates opportunities, guaranteeing entrepreneurs a 48-hour response on their businesses' fit with its model and valuation range, providing a fast and risk-free way to understand their company's potential.