D1 Brands Raises $123M in Series A Financing

▤ Summary

D1 Brands, a NYC-based Amazon FBA (Fulfillment by Amazon) acquirer built by Amazon-native third-party sellers, secured $123m in Series A financing. CoVenture and Crossbeam Venture Partners led the round, with participation from ID8 Investments. The company intends to use the funds to accelerate growth through investments in new brand acquisitions, product development, technology, and talent. Led by Yaz Malas and Mohammad Usman, D1 Brands buys, builds, and grows Amazon FBA businesses by leveraging a team of over 85 experienced Amazon third-party sellers and experts in M&A. As part of this phase of growth, the company hired CJ Bilangino as Chief Financial Officer.

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