E-commerce aggregator Una Brands gets $30M to acquire more APAC brands • TechCrunch

Una Brands, an e-commerce aggregator dedicated to brands inside Asia-Pacific area, announced 1st close of its Series B round at $30 million today. The financing had been led by White celebrity Capital and Alpha JWC Ventures.

Headquartered in Singapore, Una Brands features a existence in Southeast Asia, Australia, brand new Zealand, Asia and also the usa, and over 200 workers. It established in 2021 with $40 million in financing, and has now now raised a complete of approximately $100 million.

Over the past 12 months, Una Brands has obtained over 20 e-commerce brands in six nations, including ergonomic furniture vendors ErgoTune and EverDesk+. After overtaking operations, Una companies expanded those brands into Australia and expanded income by over 40per cent in under per year. Altogether, Una Brands claims it now has annualized income in excess of $50 million and it is likely to attain team profitability by the finish of the 12 months.

While a number of other e-commerce roll-up organizations (like Thrasio) give attention to brands that offer on Amazon, Una companies covers numerous e-commerce platforms to mirror just how fragmented a is in Asia. As an example, it actively seeks brands on Shopify, Shopee, Lazada and Tokopedia, along with Amazon.

Una Brands use its brand new financing on more purchases in groups like house and living, mom and child, and beauty and individual care. The main city may also be always further the growth of its proprietary technology for expanding e-commerce brands across numerous stations. Its technology stack includes tools for brand name administration, advertising, supply string and accounting, and procedure automation and advanced level analytics.

Source link