Boosted Raises $87M to Acquire Ecommerce Companies

Investors included Santa Monica-based Crosscut Ventures Management, New York-based Torch Capital, and a slew of individual investors, including Zillow Group Inc. and Hotwire Inc. founder Spencer Rascoff, former Tinder Chief Executive Elie Seidman and Tucker Kain, president of business enterprise for the Los Angeles Dodgers.

Flush with $87 Million, Boosted Commerce Prepares for Massive Amazon Shopping Spree

Boosted Commerce, which hunts for top-rated companies on Amazon to buy, is about to go on a massive shopping spree of its own, purchasing 100 consumer packaged goods companies over the next four years with funds from a $87 million raise it announced Thursday.

Boosted Commerce Announces $87 Million in Funding; Acquisition of Six Amazon Fulfilment Companies

Start-up is building a comprehensive portfolio of 100 e-commerce brands.

Boosted Commerce Gets $87M to Help Brands Sell Their Products on Amazon

As a consumer, you probably already know how important it is for brands to be able to sell their products online — especially this year. But many brands still struggle to build an easy-to-use e-commerce site and offer everything that the modern online shopper has come to expect.