SellerX, Europe’s leading aggregator of e-commerce businesses, announced today it has raised an additional approximately $500 million in debt and equity financing led by Sofina, funds, and accounts managed by BlackRock, and Victory Park Capital, with participation from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and existing investors.
The financing will be used to fuel growth, support additional acquisitions and further build out SellerX’s operational infrastructure and systems. The funding comes shortly after the previously announced $118 million equity round in August 2021, which was led by the Growth Fund of L Catterton. SellerX has a unicorn valuation on a pre-money basis and has raised more than $750 million to date.
SellerX co-founder Philipp Triebel commented, “This is a pivotal time for SellerX. The additional funding will allow us to continue bolstering our portfolio with the best Amazon sellers around the world and fuel our ongoing growth through technology and infrastructure investments across the business.
As we reflect on the tremendous progress we have made since our inception only 14 months ago, this funding marks an important milestone for SellerX and we could not have accomplished this achievement without the dedication of our team.”