Funding round
Thrasio Seed
Thrasio, which works in ecommerce business acquisition and operation in Boston, raised $6.5M in a Seed round announced on 1 Apr 2019. 3 firms took part. It is Thrasio's first venture round on record.
$6.5M
Amount raised
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
Thrasio did not disclose a valuation in this round. It is Thrasio's first venture round on record, 1 year after it was founded in 2018. It is under 1% of the $1.36B Thrasio has raised in the venture rounds on record. Thrasio raised again 8 months later: a Series A round of $20M in Dec 2019. Its next priced round, a Series B in Mar 2020, valued it at $700M.
Thrasio's funding rounds
Thrasio has 5 venture rounds on record and 2 other deals. This one is highlighted.
- Seed this round 1 Apr 2019 $6.5M
- Series A 3 Dec 2019, led by PEAK6 and Upper90 $20M
- Series B 31 Mar 2020 $75M$700M post-money
- Series C 15 Jul 2020, led by Advent International $260M$1.00B post-money
- Debt not a venture round 11 Jan 2021, led by JPMorgan Chase Bank, N.A., The Private Credit Group of Goldman Sachs Asset Management, L.P. and RBC Capital Markets $500M$3.00B post-money
- Debt not a venture round 21 Sep 2021 $650M
- Series D 25 Oct 2021, led by Silver Lake and Advent International $1.00B
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- backs 67 venture-backed companies new investor
- backs 23 venture-backed companies new investor
- backs 22 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: 2 in Online Marketplace, then Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Online Marketplace | 1 Nov 2019 | $100K | not disclosed | not named |
| Online Marketplace | 23 Feb 2020 | $170K | $2.1M | not named |
| Aerospace and Defence | 1 Apr 2019 | $10M | not disclosed | not named |
| Tech Companies | 16 Apr 2019 | $8.0M | not disclosed | Bullpen Capital and Cabra.vc |
| Loans & Financing | 29 Apr 2019 | $6.0M | not disclosed | Atomic |
| Tech Companies | 30 Apr 2019 | $6.0M | not disclosed | Mitsubishi Corporation |
| Tech Companies | 30 Apr 2019 | $5.5M | not disclosed | FINTOP and JPMorgan Chase |
| Tech Companies | 1 Apr 2019 | $5.4M | not disclosed | not named |
Questions
Frequently asked
How much did Thrasio raise in its Seed round?
Thrasio raised $6.5M in its Seed round, announced in Apr 2019.
Which investors took part in Thrasio's Seed round?
RiverPark Ventures, Upper90 and PEAK6.
What was Thrasio's valuation at the Seed round?
It was not disclosed.
Did Thrasio raise again after this round?
Yes: a Series A round in Dec 2019 of $20M.