# Elevate Brands

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elevate-brands

- Industry: Business Support Services
- Headquarters: Austin, US
- Website: www.elevatebrands.com
- Latest round: Series B (Jul 12, 2021)
- Investors on record: 3

## About

Based in the US and founded in 2016, Elevate Brands, formerly known as Recom Brands, operates as an acquirer of Amazon third-party businesses. The company was co-founded by James Lucien Stein and Ryan Gnesin, and in July 2021, Elevate Brands received USD 250 million in venture funding from Novel TMT, FJ Labs, and Ted Zagat.

Elevate Brands operates as an operator of Amazon that offers insights, resources, transparent valuations, and tools to support brands and plans to build legacy CPG brands enable to achieve sustainable long-term growth.

The company's revenue generated from developing subscription tools enable it to have access to the resources.

Elevate Brands will use the June 2021 funding to accelerate growth, expand operations into key international marketplaces over the coming months.

## Funding rounds

- Series B, Jul 12, 2021 — Novel TMT Ventures, FJ Labs, Upper90

## Investors

- Novel TMT Ventures (https://capitalatlas.ai/funds/novel-tmt-ventures) — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series B
- Upper90 (https://capitalatlas.ai/funds/upper90) — Series B