Thrasio valuation, funding and investors
Thrasio works in ecommerce business acquisition and operation, based in Boston, United States. Founded in 2018, it has about 259 employees.
- Last round
- Series D · $1.00B · Oct 2021
- Valuation at last round
- $6.53B · implied
- Headcount
- 259 · shrinking
- Grade
- D
- Founded
- 2018
Thrasio valuation today
VCMC values Thrasio at $593M today, with a range of $282M to $2.4B and a grade of D. The valuation starts from its last funding round, a Series D round in Oct 2021.
Valuation by date (111 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2018 | $8.90M | $3.24M – $24.4M | $12.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $9.14M | $3.33M – $25.1M | $12.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $9.36M | $3.41M – $25.7M | $12.8M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2018 | $9.62M | $3.50M – $26.4M | $13.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2018 | $9.87M | $3.59M – $27.1M | $13.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2018 | $10.1M | $3.69M – $27.8M | $13.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2018 | $10.4M | $3.79M – $28.6M | $14.3M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2018 | $10.7M | $3.89M – $29.4M | $14.4M (+35%) | before first round | – | unknown | D | 0% |
| 1 Sep 2018 | $11.0M | $4.00M – $30.2M | $14.5M (+32%) | before first round | – | unknown | D | 0% |
| 1 Oct 2018 | $11.3M | $4.10M – $30.9M | $14.7M (+30%) | before first round | – | unknown | D | 0% |
| 1 Nov 2018 | $11.6M | $4.21M – $31.8M | $14.8M (+28%) | before first round | – | unknown | D | 0% |
| 1 Dec 2018 | $11.9M | $4.32M – $32.6M | $14.9M (+26%) | before first round | – | unknown | D | 0% |
| 1 Jan 2019 | $12.2M | $4.44M – $33.5M | $15.1M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $12.5M | $4.56M – $34.4M | $15.2M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $12.8M | $4.67M – $35.3M | $15.3M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $43.3M | $28.5M – $132M | $86.7M (+100%) | after a round | – | unknown | C | 0% |
| 2 Apr 2019 | $43.4M | $28.5M – $132M | $86.7M (+100%) | after a round | – | unknown | C | 0% |
| 1 May 2019 | $45.9M | $28.5M – $132M | $86.7M (+89%) | after a round | – | unknown | C | 0% |
| 1 Jun 2019 | $48.7M | $28.5M – $132M | $86.7M (+78%) | after a round | – | unknown | C | 0% |
| 1 Jul 2019 | $51.5M | $28.5M – $132M | $86.7M (+68%) | after a round | – | unknown | C | 0% |
| 1 Aug 2019 | $54.6M | $28.5M – $132M | $86.7M (+59%) | after a round | – | unknown | C | 0% |
| 1 Sep 2019 | $57.9M | $28.5M – $132M | $86.7M (+50%) | after a round | – | unknown | C | 0% |
| 1 Oct 2019 | $61.3M | $28.5M – $132M | $86.7M (+41%) | after a round | – | unknown | C | 0% |
| 1 Nov 2019 | $65.0M | $28.5M – $132M | $86.7M (+33%) | after a round | – | unknown | C | 0% |
| 1 Dec 2019 | $68.9M | $28.5M – $132M | $86.7M (+26%) | after a round | – | unknown | C | 0% |
| 4 Dec 2019 | $101M | $71.1M – $258M | $182M (+80%) | after a round | – | unknown | C | 0% |
| 1 Jan 2020 | $106M | $71.1M – $258M | $182M (+72%) | after a round | – | unknown | C | 0% |
| 1 Feb 2020 | $111M | $71.1M – $258M | $182M (+63%) | after a round | – | unknown | C | 0% |
| 1 Mar 2020 | $116M | $71.1M – $258M | $182M (+56%) | after a round | – | unknown | C | 0% |
| 1 Apr 2020 | $701M | $609M – $1.2B | $1.0B (+50%) | after a round | – | unknown | B | 0% |
| 1 May 2020 | $725M | $609M – $1.2B | $1.0B (+45%) | after a round | – | unknown | B | 0% |
| 1 Jun 2020 | $750M | $609M – $1.2B | $1.0B (+40%) | after a round | – | unknown | B | 0% |
| 1 Jul 2020 | $775M | $609M – $1.2B | $1.0B (+35%) | after a round | – | unknown | B | 0% |
| 16 Jul 2020 | $1.0B | $869M – $1.5B | $1.3B (+30%) | after a round | – | unknown | A | 0% |
| 1 Aug 2020 | $1.0B | $869M – $1.5B | $1.3B (+28%) | after a round | – | unknown | A | 0% |
| 1 Sep 2020 | $1.0B | $869M – $1.5B | $1.3B (+26%) | after a round | – | unknown | A | 0% |
| 1 Oct 2020 | $1.1B | $869M – $1.5B | $1.3B (+23%) | after a round | – | unknown | A | 0% |
| 1 Nov 2020 | $1.1B | $869M – $1.5B | $1.3B (+20%) | after a round | – | unknown | A | 0% |
| 1 Dec 2020 | $1.1B | $869M – $1.5B | $1.3B (+18%) | after a round | – | unknown | A | 0% |
| 1 Jan 2021 | $1.1B | $869M – $1.5B | $1.3B (+15%) | after a round | 240 | unknown | A | 0% |
| 1 Feb 2021 | $1.2B | $869M – $1.5B | $1.3B (+13%) | after a round | 240 | unknown | A | 0% |
| 1 Mar 2021 | $1.2B | $869M – $1.5B | $1.3B (+10%) | after a round | 240 | unknown | A | 0% |
| 1 Apr 2021 | $1.2B | $869M – $1.5B | $1.3B (+8%) | after a round | 240 | flat | A | 0% |
| 1 May 2021 | $1.2B | $869M – $1.5B | $1.3B (+6%) | after a round | 240 | flat | A | 0% |
| 1 Jun 2021 | $1.3B | $869M – $1.5B | $1.3B (+3%) | after a round | 240 | flat | A | 0% |
| 1 Jul 2021 | $1.3B | $869M – $1.5B | $1.3B (+1%) | after a round | 240 | flat | A | 0% |
| 1 Aug 2021 | $1.3B | $848M – $1.5B | $1.3B (0%) | after a round | 240 | flat | A | 0% |
| 1 Sep 2021 | $1.3B | $809M – $1.5B | $1.3B (0%) | after a round | 240 | flat | B | 0% |
| 1 Oct 2021 | $1.3B | $774M – $1.5B | $1.3B (0%) | after a round | 240 | flat | B | 0% |
| 26 Oct 2021 | $6.5B | $4.6B – $12.0B | $8.5B (+30%) | after a round | 240 | flat | B | 0% |
| 1 Nov 2021 | $6.6B | $4.6B – $12.0B | $8.5B (+29%) | after a round | 240 | flat | B | 0% |
| 1 Dec 2021 | $6.7B | $4.6B – $12.0B | $8.5B (+27%) | after a round | 240 | flat | B | 0% |
| 1 Jan 2022 | $6.9B | $4.6B – $12.0B | $8.5B (+24%) | after a round | 240 | flat | B | 0% |
| 1 Feb 2022 | $7.0B | $4.6B – $12.0B | $8.5B (+21%) | after a round | 1,400 | growing | B | 0% |
| 1 Mar 2022 | $7.2B | $4.6B – $12.0B | $8.5B (+19%) | after a round | 1,400 | growing | B | 0% |
| 1 Apr 2022 | $7.3B | $4.6B – $12.0B | $8.5B (+16%) | after a round | 1,400 | growing | B | 0% |
| 1 May 2022 | $7.5B | $4.6B – $12.0B | $8.5B (+14%) | after a round | 1,400 | growing | B | 0% |
| 1 Jun 2022 | $7.6B | $4.6B – $12.0B | $8.5B (+11%) | after a round | 1,400 | growing | B | 0% |
| 1 Jul 2022 | $7.8B | $4.6B – $12.0B | $8.5B (+9%) | after a round | 1,400 | growing | B | 0% |
| 1 Aug 2022 | $8.0B | $4.6B – $12.0B | $8.5B (+6%) | after a round | 1,400 | growing | B | 0% |
| 1 Sep 2022 | $8.2B | $4.6B – $12.0B | $8.5B (+4%) | after a round | 1,400 | growing | B | 0% |
| 1 Oct 2022 | $8.3B | $4.6B – $12.0B | $8.5B (+2%) | after a round | 1,400 | growing | B | 0% |
| 1 Nov 2022 | $8.5B | $4.6B – $12.0B | $8.5B (0%) | after a round | 1,400 | unknown | B | 0% |
| 1 Dec 2022 | $8.5B | $4.4B – $12.0B | $8.5B (0%) | after a round | 1,400 | unknown | B | 0% |
| 1 Jan 2023 | $5.5B | $3.7B – $8.5B | $3.5B (-36%) | after a round | 910 | shrinking | B | 97% |
| 1 Feb 2023 | $5.3B | $3.6B – $8.5B | $3.4B (-36%) | after a round | 910 | shrinking | B | 97% |
| 1 Mar 2023 | $5.2B | $3.4B – $8.5B | $3.3B (-36%) | after a round | 910 | shrinking | B | 97% |
| 1 Apr 2023 | $5.0B | $3.2B – $8.5B | $3.2B (-36%) | after a round | 910 | shrinking | B | 97% |
| 1 May 2023 | $4.8B | $3.1B – $8.5B | $3.1B (-36%) | after a round | 910 | shrinking | B | 97% |
| 1 Jun 2023 | $4.6B | $2.9B – $8.5B | $2.9B (-37%) | after a round | 910 | shrinking | B | 97% |
| 1 Jul 2023 | $4.5B | $2.8B – $8.4B | $2.8B (-37%) | after a round | 910 | shrinking | B | 97% |
| 1 Aug 2023 | $4.3B | $2.6B – $8.4B | $2.7B (-37%) | after a round | 910 | shrinking | B | 97% |
| 1 Sep 2023 | $5.0B | $2.5B – $9.6B | $3.7B (-25%) | after a round | 910 | unknown | C | 89% |
| 1 Oct 2023 | $5.1B | $2.4B – $9.8B | $3.9B (-24%) | after a round | 910 | unknown | C | 82% |
| 1 Nov 2023 | $5.0B | $2.3B – $9.9B | $3.7B (-27%) | after a round | 910 | unknown | C | 76% |
| 1 Dec 2023 | $5.1B | $2.2B – $10.1B | $3.8B (-25%) | after a round | 910 | unknown | C | 70% |
| 1 Jan 2024 | $5.2B | $2.1B – $10.2B | $4.0B (-24%) | after a round | 910 | unknown | C | 64% |
| 1 Feb 2024 | $3.9B | $1.8B – $9.4B | $2.6B (-34%) | after a round | 700 | down | C | 97% |
| 1 Mar 2024 | $3.8B | $1.8B – $9.5B | $2.5B (-35%) | after a round | 690 | down | C | 97% |
| 1 Apr 2024 | $3.7B | $1.7B – $9.6B | $2.4B (-35%) | after a round | 690 | down | C | 97% |
| 1 May 2024 | $3.6B | $1.6B – $9.7B | $2.3B (-36%) | after a round | 690 | down | C | 97% |
| 1 Jun 2024 | $3.5B | $1.5B – $9.8B | $2.3B (-36%) | after a round | 690 | down | C | 97% |
| 1 Jul 2024 | $3.5B | $1.4B – $9.9B | $2.2B (-37%) | after a round | 690 | down | C | 97% |
| 1 Aug 2024 | $3.5B | $1.3B – $9.7B | $2.2B (-35%) | after a round | 590 | down | C | 89% |
| 1 Sep 2024 | $3.4B | $1.3B – $9.8B | $2.2B (-36%) | after a round | 590 | down | D | 88% |
| 1 Oct 2024 | $3.3B | $1.2B – $9.9B | $2.1B (-36%) | after a round | 590 | down | D | 88% |
| 1 Nov 2024 | $2.7B | $1.1B – $9.8B | $1.7B (-37%) | after a round | 550 | down | D | 97% |
| 1 Dec 2024 | $2.6B | $1.1B – $9.8B | $1.6B (-37%) | after a round | 550 | down | D | 97% |
| 1 Jan 2025 | $2.5B | $1.0B – $9.8B | $1.6B (-37%) | after a round | 550 | down | D | 97% |
| 1 Feb 2025 | $2.4B | $959M – $9.8B | $1.5B (-37%) | after a round | 550 | down | D | 97% |
| 1 Mar 2025 | $2.4B | $916M – $9.8B | $1.5B (-38%) | after a round | 550 | down | D | 97% |
| 1 Apr 2025 | $2.3B | $870M – $9.8B | $1.4B (-38%) | after a round | 550 | down | D | 97% |
| 1 May 2025 | $2.2B | $828M – $9.8B | $1.4B (-38%) | after a round | 550 | down | D | 97% |
| 1 Jun 2025 | $2.1B | $787M – $9.8B | $1.3B (-38%) | after a round | 550 | down | D | 97% |
| 1 Jul 2025 | $1.3B | $684M – $4.2B | $778M (-42%) | after a round | 363 | shrinking | C | 97% |
| 1 Aug 2025 | $1.3B | $647M – $4.1B | $743M (-42%) | after a round | 357 | shrinking | C | 97% |
| 1 Sep 2025 | $1.2B | $615M – $4.0B | $716M (-42%) | after a round | 357 | shrinking | C | 97% |
| 1 Oct 2025 | $1.2B | $586M – $3.9B | $716M (-40%) | after a round | 357 | shrinking | C | 97% |
| 1 Nov 2025 | $1.1B | $550M – $3.2B | $708M (-34%) | after a round | 339 | shrinking | C | 97% |
| 1 Dec 2025 | $1.0B | $524M – $3.2B | $708M (-31%) | after a round | 339 | shrinking | C | 97% |
| 1 Jan 2026 | $987M | $498M – $3.1B | $708M (-28%) | after a round | 339 | shrinking | C | 97% |
| 1 Feb 2026 | $945M | $473M – $3.0B | $707M (-25%) | after a round | 339 | shrinking | C | 97% |
| 1 Mar 2026 | $909M | $452M – $3.0B | $707M (-22%) | after a round | 339 | shrinking | C | 97% |
| 1 Apr 2026 | $854M | $421M – $2.8B | $693M (-19%) | after a round | 310 | shrinking | C | 97% |
| 1 May 2026 | $817M | $400M – $2.8B | $692M (-15%) | after a round | 307 | shrinking | C | 97% |
| 1 Jun 2026 | $1.3B | $380M – $8.5B | $1.2B (-10%) | after a round | 307 | down | D | 89% |
| 1 Jul 2026 | $1.4B | $362M – $8.4B | $1.3B (-7%) | after a round | 307 | down | D | 86% |
| 1 Aug 2026 | $1.1B | $340M – $8.5B | $1.0B (-3%) | after a round | 290 | down | D | 97% |
| 1 Sep 2026 | $1.0B | $325M – $8.5B | $1.0B (0%) | after a round | 290 | down | D | 97% |
| 1 Oct 2026 | $667M | $317M – $2.4B | $666M (0%) | after a round | 259 | shrinking | D | 97% |
| 24 Oct 2026 | $593M | $282M – $2.4B | $592M (0%) | after a round | 259 | shrinking | D | 97% |
Key facts about Thrasio
- Founded
- 2018
- Headquarters
- Boston, United States
- Employees
- about 259 -27% in a year
- Total raised
- $2.51B
- Funding rounds
- 7
- Last round
- Series D Oct 2021
Thrasio was founded in 2018 by Carlos Cashman and Joshua Silberstein.
Thrasio funding history
Thrasio has 7 funding rounds on record, from Apr 2019 to Oct 2021, $2.51B in total. The latest disclosed valuation is $3.00B post-money (Debt, Jan 2021).
Series D 25 Oct 2021
Led by Silver Lake, Advent International; with Upper90, Oaktree Capital, PEAK6, Corner Capital.
Sources: prnewswire.com, fastcompany.com, cooley.com and 1 more
$1.00B
Debt 21 Sep 2021no round page
With BlackRock, Goldman Sachs Asset Management, J.P. Morgan, Oaktree Capital, HPS Investment Partners.
Sources: prnewswire.com, cnbc.com
$650M
Debt 11 Jan 2021no round page
Led by JPMorgan Chase Bank, N.A., The Private Credit Group of Goldman Sachs Asset Management, L.P., RBC Capital Markets; with Brookfield, Bain Capital Credit, Barclays, BlackRock, BofA Securities, Inc., Credit Suisse Loan Funding LLC, Monroe Capital, Morgan Stanley, UBS Securities LLC.
Sources: prnewswire.com, pymnts.com
$500M
$3.00B post-money
$260M
$1.00B post-money
Series B 31 Mar 2020
With existing insiders, PEAK6, Upper90, RiverPark Ventures.
Sources: prnewswire.com
$75M
$700M post-money
Series A 3 Dec 2019
Led by PEAK6, Upper90; with Western Technology Investment.
Sources: prnewswire.com
$20M
Seed 1 Apr 2019
With RiverPark Ventures, Upper90, PEAK6.
$6.5M
Thrasio investors
24 investors have backed Thrasio; PEAK6, Upper90 and Advent International and 4 more led at least one round.
- Advent International lead, 2 rounds
- JPMorgan Chase Bank, N.A. lead
- RBC Capital Markets lead
- Silver Lake lead
- The Private Credit Group of Goldman Sachs Asset Management, L.P. lead
- BlackRock 2 rounds
- Barclays
- BofA Securities, Inc.
- Brookfield
- Corner Capital
- Credit Suisse Loan Funding LLC
- existing insiders
- Goldman Sachs Asset Management
- J.P. Morgan
- Morgan Stanley
- UBS Securities LLC
What Thrasio does
Thrasio works in online marketplace, with 10 recorded offerings and customers in e-commerce and retail.
Thrasio is a United States company that operates as an ecommerce business acquirer and operator, engaged in acquiring and managing brands that sell products on Amazon and other retail platforms. The company manages a portfolio of brands and products, distributing them through multiple retailers and marketplaces, and maintains a global presence. Thrasio also manages a supply chain to support its operations.
Description from Veridion's company data.
Products and services
- Ecommerce Business Acquisition and Operation
- Amazon FBA Retail
- Multi-Retailer Product Distribution
- Category-Specific Product Development
- Product Innovation and Enhancement
- Retail Supply Chain Management
- Customer Experience Services
- Marketplace Product Optimization Services
- Growth Strategy Consulting for Retail Brands
- Retail Technology Integration Services
Markets
- E-commerce
- Retail
Business model
- Business-to-Consumer
- Retail
- E-commerce
Industry codes (NAICS)
- 455219 All Other General Merchandise Retailers 100% match
Questions about Thrasio
What is Thrasio worth?
Valuation $593M (range $282M to $2.4B), as of 24 Oct 2026. The last disclosed valuation was $3.00B (Debt, Jan 2021).
Has Thrasio raised money?
Thrasio has 7 funding rounds on record, from Apr 2019 to Oct 2021, $2.51B in total. The latest disclosed valuation is $3.00B post-money (Debt, Jan 2021).
Who has invested in Thrasio?
PEAK6, Upper90, Advent International, JPMorgan Chase Bank, N.A., RBC Capital Markets and Silver Lake, and 18 more. Lead investors include PEAK6, Upper90, Advent International and JPMorgan Chase Bank, N.A..
How many people work at Thrasio?
About 259, down 27% over the last year. Headcount rose from 240 in Jan 2021 to 1,400 in Feb 2022, then fell to 259 in Sep 2026.
What does Thrasio do?
Thrasio works in online marketplace, with 10 recorded offerings and customers in e-commerce and retail. Its main offerings are ecommerce business acquisition and operation, amazon FBA retail and multi-retailer product distribution.
When was Thrasio founded, and where is it based?
Thrasio was founded in 2018 and is based in Boston, United States. It has about 259 employees, down 27% over the last year.