SellerX is a startup from Berlin that focuses on acquiring top Amazon sellers. SellerX has just raised $118 million led by Cherry Ventures, Felix Capital, TriplePoint Capital, participation from Village Global, et al.
It seems like buying Amazon based businesses is becoming an interesting proposition. Once Amazon sellers get to a certain level they need a lot of back office support and the vast majority aren’t set up to do this. It will be interesting to see if they are able to get a lot of great Amazon sellers together and turn this into a strong long term business.