# Thrasio Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thrasio-holdings

- Industry: Retail
- Headquarters: Walpole, US
- Website: www.thrasio.com
- Total disclosed funding: $1.4B
- Latest round: Series D (Oct 22, 2021)
- Investors on record: 9

## About

Based in Massachusetts, US, and founded in 2018, by Carlos Cashman and Joshua Silberstein, Thrasio, Inc., a.k.a. Thras.io, Inc., acquires leading products and manages third-party fulfilled by amazon (FBA) brands from small business owners. In February 2021, the company received USD 750 million in a Series C funding from Oaktree Capital Management and Advent International and in March 2021, the company extended its Series C funding for USD 100 million. In October 2021, Thrasio Holdings, Inc. raised USD 1 billion in a Series D funding co-led by Silver Lake and Advent International. The series D financing values Thrasio Holdings, Inc. at approximately USD 10 billion post-money. Carlos Cashman is the CEO of Thrasio Holdings, Inc.

Thras.io, Inc. operates as an operator of e-commerce, and retailers intended to acquire quality products from the FBA ecosystem that are managed through marketing, product development, and supply chain management. The company provides consolidated services offered to sell unique products on Amazon. Its platform allows selling businesses along with knowledge of market dynamics and functional P&L, helping businesses to close deals at an effective cost.

The company generates revenue from acquiring small businesses and FBA products.

## Funding rounds

- Series D, Oct 22, 2021, $826M — Advent International, Oaktree Capital Management, Silver Lake, PEAK6 Investments, Upper90, Corner Capital Management
- Series C, Mar 17, 2021, $95M — Advent International, Oaktree Capital Management, Western Technology Investment, Harlan Capital Partners, PEAK6 Investments
- Series C, Feb 3, 2021, $250M — Advent International, Oaktree Capital Management, Harlan Capital Partners
- Series C, Jul 1, 2020, $210M — Advent International
- Series B, Mar 26, 2020, $30M — Western Technology Investment, PEAK6 Investments, RiverPark Advisors, Upper90
- Series A, Nov 15, 2019, $5.3M — Western Technology Investment, PEAK6 Investments, Upper90
- Seed, Apr 3, 2019, $6.5M — RiverPark Advisors

## Investors

- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Seed, Series B
- Western Technology Investment (https://capitalatlas.ai/funds/western-technology-investment) — Series A, Series B, Series C
- PEAK6 Investments (https://capitalatlas.ai/funds/peak6-investments) — Series A, Series B, Series C, Series D
- Upper90 (https://capitalatlas.ai/funds/upper90) — Series A, Series B, Series D
- Advent International (https://capitalatlas.ai/funds/advent-international) — Series C, Series D
- Oaktree Capital Management (https://capitalatlas.ai/funds/oaktree-capital-management) — Series C, Series D
- Harlan Capital Partners — Series C
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series D
- Corner Capital Management (https://capitalatlas.ai/funds/corner-capital-management) — Series D