They're on a roll! E-commerce aggregator Una Brands just raised $30M with the first close of their Series B.
Investor check. White Star Capital and Alpha JWC co-led the round.
💭 How it works
Una acquires e-commerce brands that make around $1M–$50M in revenue yearly. These brands come from different categories, including home & living, babies & pets and personal care.
East vs. West! US-based roll-ups tend to acquire Amazon-only brands. But Asia's e-commerce space is fragmented with multiple strong platforms, so Una acquires brands that sell on any platform.
🤫 The secret sauce?
They're able to acquire and grow brands across multiple platforms through their tech and expertise.
Plus, they have cross-border capabilities that help brands easily expand to new markets.
In context. E-commerce brands are typically run by small teams. They can only handle a few e-commerce platforms and struggle with cross-border shipments.
💰 What's with the $$$?
They'll be snapping up more brands in categories like home and living, mother and baby, and beauty and personal care. Oh, and they'll be doubling down on their tech.
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