Mary Ann Azevedo
Mary found azevedotechcrunch Ann Azevedo has 20 years of experience as a business reporter and editor. She has written for numerous publications, including Forbes, Crunchbase News, Crain’s, and Silicon Valley Business Journal. Her reporting has earned her numerous awards. A graduate of the University of Texas, she also holds a Master’s in journalism.
Mary Ann Azevedo is a senior writer for TechCrunch, a tech news website. She has over 20 years of experience in business reporting and editing. Her previous work includes Crain’s New York, Forbes, and the Silicon Valley Business Journal. She has won many awards and has a Master’s degree in journalism from the University of Texas at Austin.
Acquco recently raised $160 million in a Series A round, with a combination of debt and equity, to further its aggressive growth plans. The round’s investors include GoDaddy CEO Aman Bhutani, Crossbeam, and Singh Capital Partners. Acquco declined to disclose the valuation, only confirming that “significant equity” was raised.
Acquco’s founder Jerel Ho has experience with M&A, and has closed over $40 billion in M&A deals. The company plans to use the new capital to enhance its technology platform and tools for managing brands on Amazon. It will also hire additional employees to help with its growth.
Amazon’s Marketplace has been the source of most of its sales in recent years. The platform is populated by millions of sellers, with many of them paying Amazon to store and ship their goods. This found azevedotechcrunch arrangement is known as Fulfillment by Amazon, and it is in this space that Acquco is focusing.
The two cofounders have backgrounds in consulting and finance. They found azevedotechcrunch also founded RefundLabs, a platform that automates inventory claims for third-party merchants. Together, they have a track record of building profitable companies and accelerating their growth.
Acquco, a startup with a unique understanding of Amazon, has completed a $160 million Series A round. The funding will help Acquco expand its portfolio and become a $500 million company by 2022. The startup will use the proceeds to expand their technology platform and acquire additional sellers.
Acquco was founded by two former Amazon employees. They started building tools that could help Amazon sellers optimize their profits. The company has 155 employees across the world. The founders are Amazonians, who left the company in 2020. In 2021, they raised $160 million in a Series A round.