Forum Brands Raises $27M in Funding

Forum Brands

Forum Brands, a New York-based provider of a data-driven Amazon business acquisition platform, raised $27M in funding.

The round was led by Norwest Venture Partners with participation from NFX and Concrete Rose.

The company intends to use the funds to scale technology and operating infrastructure.

Co-founded by co-CEOs Brenton Howland and Ruben Amar, as well as COO Alex Kopco, Forum provides a platform that merges proprietary technology with deep e-commerce and consumer investing knowledge to identify, acquire and scale third-party Fulfillment by Amazon (FBA) businesses into household brands. 

The company will continue to deploy hundreds of millions of dollars in capital over the next several years to acquire e-commerce businesses built by the most innovative entrepreneurs within consumer products categories.  

FinSMEs

30/06/2021