Benitago Group raises $55m and aims for largest seller status on Amazon
Benitago Group, a startup that buys and grows Amazon businesses, has raised $55 million in seed funding.
The New York-based venture has bagged a combination of debt and equity from Coventure.
According to the venture’s LinkedIn profile: “We believe that the big conglomerates are outdated in our new e-commerce world and don’t know how to serve consumers online. We can do better.”
Ten #retailtech funding rounds you need to know about, including @cubyn_ @Yotpo @Nuvemshop @fridgenomore @gopuff @blippar @letspurplle @trylolli https://t.co/Dr8ZdIKb9z
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“And Amazon is our platform to do so. We’re on a mission to become the number one largest seller on Amazon. We achieve this by building iconic brands in-house and by acquiring other strategic brands.”
“We succeed because we hire smart, capable, highly adaptable people who have a strong drive to excel. Our culture is collaborative, hard working, friendly and flexible.”