Ryan Gnesin | Source | CEO at Elevate Brands
Ryan Gnesin
Ryan founded Elevate while running his own Amazon storefront and brings two decades of experience in commodities trading and business development to your exit. He is passionate about building new-age consumer product brands.
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Elevate Brands
CEO
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Elevate Brands Joins Nation’s Rapidly Growing Austin Tech Hub and the Nation’s Third Largest Market for Amazon Marketplace Sellers
Elevate Brands, a leader in acquiring and operating Amazon third-party businesses, today announced its newest headquarters in Austin, Texas. Elevate B
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Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers - Retail TouchPoints
There’s a modern-day gold rush on, except instead of the hills and creek beds of the American West, the landscape of this one is the vast, rich expanse of Amazon.com. With not a pan or pick in sight, fortunes are yet being made as an ever-increasing number of private equity investors flock to the ecommerce […]
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$55 Million Investment Fuels Elevate Brands’ Acquisition Strategy to Purchase and Scale Quality Amazon Marketplace Brands in 2021
Elevate Brands, a leader in acquiring and operating Amazon third-party businesses, today announced it raised over $55 million in committed funds from
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The commitment from our leading group of e-commerce and fintech investors further validates our strategy and is a testament to our operational strengths that have led to rapid sales growth for our portfolio of brands. We started this journey four years ago as sellers ourselves, and this deep operational experience on Amazon allows us to truly relate to other business owners in the ecosystem. Sellers seeking a successful exit are coming to us because they know we will be good stewards of the brand they’ve worked so hard to build.
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What I found really interesting was there were all these sellers who were running what was essentially a side hustle, but the side hustles were real businesses. I mean some of them were doing millions of dollars a year, but what I found noticeable was the lack of sophisticated capital in the space. Although it’s very simple to start an Amazon business, it’s actually quite complicated to do it at scale.
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We started the company with our headquarters in New York, but given the pandemic, we’ve had the opportunity to reimagine the workplace and adopt a far more flexible work environment. With our rapidly scaling team and a shift in where people want to live today, we've decided to open a second headquarters in Austin, which enjoys a deep talent pool and thriving tech community.
