Threecolts, a London, UK-based provider of a cloud business suite for Amazon businesses, acquired DimeTyd, a Dallas, TX-based provider of an automated FinOps platform for 1P Amazon vendors.
The amount of the deal was not disclosed.
As a result of the transaction, DimeTyd will now be able to provide its customers an expanded offering of the most comprehensive and advanced e-commerce profit recovery solution available today.
Led by CEO Rohan Thambrahalli, DimeTyd provides a platform that offers vendors recuperation of profit leakage based on Amazon accounting errors. The platform conducts an audit of lost revenues dating back up to five years and processes millions of data points to recoup funds to vendors. Once audited and reconciled, The company makes course corrections on recurring issues, enabling vendors to maximize all future profitability in the marketplace.
Led by Yoda Yee, founder and CEO, Threecolts is a comprehensive cloud business suite for Amazon businesses. Customers, including startups, Fortune 500 enterprises, and e-commerce agencies, are using it to grow, lower costs, and become more agile.
FinSMEs
14/02/2023