Society Brands, a Canton, OH-based Amazon aggregator, raised $204M in debt and fairness funding.
The spherical was led by i80 Group.
The corporate will use the capital to accumulate e-commerce native shopper product manufacturers with focus on Amazon, rent extra expertise, increase their working platform, and construct propriety know-how to seek out corporations to accumulate.
The capital increase positions Society Manufacturers as one of many best-funded Amazon aggregators on the planet, and in a main place to develop its portfolio to over $1 billion in income within the subsequent few years.
Launched in October 2020 and led by Michael Sirpilla, CEO, Society Manufacturers is a tech-enabled shopper merchandise firm that acquires e-commerce native manufacturers that primarily promote on Amazon and their very own DTC websites, and encourages the founders to remain on board to be a part of the staff.
Society Manufacturers management staff consists of CEO Michael Sirpilla, President Justin Sirpilla, COO Shawn Dougherty, CMO John W. Collins, Board Members Johnny Sirpilla and James Gilbert, and Advisor Courtroom Coursey.