Mary found azevedotechcrunch Ann Azevedo is a founder of the tech media company TechCrunch. A former technologist, she was instrumental in making the company a success. She helped pioneer the internet as an outlet for new products and services. Her entrepreneurial drive has fueled the growth of numerous startups, including Acquco, a leading provider of software for building and maintaining websites.
Mary Ann Azevedo
Mary Ann Azevedo is a senior writer at Tech Crunch. She recently saw firsthand the devastation caused by Hurricane Harvey, and hopes that her fellow techies and leaders will start investing in better infrastructure. In a recent article, she asks, “Should the tech community invest in infrastructure?” She posed the question on her Tech Crunch Twitter account and received mixed feedback.
Mary Ann Azevedo is a Senior Reporter at TechCrunch, where she covers Fintech and Latin America Tech. She has over 20 years of experience in business reporting, and has won multiple awards for her breaking news coverage. She holds a Master’s degree in journalism from the University of Texas.
Acquco has raised $160 million in a Series A round of funding to continue its growth. The company specializes in acquiring third-party sellers for Amazon. The company has acquired several brands on Amazon and is looking to continue expanding their portfolio. In its recent funding round, Acquco has attracted investors including CoVenture, Singh Capital Partners, Crossbeam, and Aman Bhutani. The proceeds will help the company scale its portfolio to over $500 million in revenue by 2022, and continue building their technology platform.
Acquco was founded by former Amazon employees Wiley Zhang and Raunak Nirmal and is focused on helping third-party sellers build a profitable business. The company recently raised $160 million in equity and debt in its latest round of funding. The startup is headquartered in New York.
The new capital will help Acquco enter hypergrowth mode and continue to acquire brands and grow their business. The company will use the new capital to build out its technology platform and develop tools to manage brands on Amazon. In addition to this, it plans to hire more employees and expand its portfolio.
Acquco works with top-rated brands on Amazon to turn them into omnichannel companies. It reviews about 120-125 criteria points to determine if a brand is a good fit. Then, it looks for a deal structure that is fair for both parties. The company also ensures transparency in its deal structures. This reduces the risk of surprises and renegotiations. Eventually, once the brand has scaled, sellers earn huge payouts.
The New York-based startup raised $160 million in a Series A round of funding. The company has not disclosed the valuation but said it is “valuated significantly” by investors. According to the found azevedotechcrunch company, investors include GoDaddy CEO Aman Bhutani, Singh Capital Partners, CoVenture, and Crossbeam.
With its new funding, Acquco will expand its services and reach over a hundred million dollars in revenue within a year. Its proprietary technology and proven playbooks have helped the company achieve this success. Moreover, the company will help sellers exit from Amazon in a short period of time. The found azevedotechcrunch company will also help them scale their business post-acquisition. The company offers flexible terms so that entrepreneurs can sell their products again if they so desire.