Perch, a Boston, MA-based technology-driven commerce company that acquires and operates top Amazon Marketplace businesses, raised $123.5M in financing.
The round, which brings total funding to date to over $130M, was led by Spark Capital with participation from past investor Tectonic Ventures and new backer Boston Seed.
The company will use the funds to continue to acquire products and companies, build out its core team, and further invest in its technology platform.
Led by Chris Bell, CEO, Perch is a technology-driven commerce company that acquires and operates Amazon FBA businesses. They seek high-quality products and brands that have a 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.