Thrasio Closes $100M and $750M Series Lunden TechCrunch

Thrasio, a rapidly growing eCommerce company, recently announced the successful closure of two separate funding rounds – a $100 million Series A round and a $750 million Series A round.

The funding comes from Lunden Tech, a venture capital firm dedicated to eCommerce investments. This infusion of capital will allow Thrasio to expand its operations and further solidify its position as a major player in the eCommerce industry.

Overview of Thrasio

Thrasio is a leading eCommerce platform that provides entrepreneurs with the tools and resources necessary to launch, manage, and grow their online businesses.

The company was founded in 2018, and has since grown to become one of the largest and most successful eCommerce companies in the world. Thrasio has a portfolio of over 200 brands and offers a wide range of services and products.

Lunden Tech Involvement

Lunden Tech, a venture capital firm dedicated to eCommerce investments, has played an integral role in Thrasio’s success. The firm has invested a total of $850 million in Thrasio’s Series A funding rounds, which will allow Thrasio to expand its operations and further solidify its position as a major player in the eCommerce industry.

Impact of the Funding Rounds

The successful closure of Thrasio’s two Series A rounds will enable the company to expand its operations and continue to grow its portfolio of over 200 brands. Additionally, the influx of capital will enable Thrasio to invest in new technologies, hire more staff, and launch new products and services that will help the company meet its growth objectives.

Conclusion

Thrasio’s successful closure of its two Series A rounds is a major milestone for the company and a testament to its success in the eCommerce industry. The influx of capital from Lunden Tech will help the company expand its operations, invest in new technologies, and launch new products and services, allowing it to remain competitive and further solidify its position as a major player in the eCommerce industry.