SoftBank Vision Fund 2 led the e-commerce holding company's latest round, reportedly the largest series A ever closed by a US-based company.
US-headquartered e-commerce holding company Perch completed a $775m series A round led by internet and telecommunications group SoftBank’s Vision Fund 2 yesterday.
The round also featured venture capital firm Spark Capital and alternative investment manager Victory Park Capital. It is the largest series A yet to be closed by a US-based company, according to Perch.
Founded in November 2019, Perch is acquiring direct-to-consumer e-commerce brands, particularly third-party merchants on online marketplace Amazon, in a bid to build a diversified online…
