Dragonfly Commerce
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 10.0m | 15.5m | 21.0m |
% growth | - | 55 % | 35 % |
Date | Investors | Amount | Round |
---|---|---|---|
$30.0m | Series A | ||
N/A | Series A | ||
* | N/A | Growth Equity VC | |
Total Funding | €27.3m |
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Recent News about Dragonfly Commerce
EditDragonfly Commerce is a venture-backed startup that specializes in acquiring and developing unique eCommerce businesses. The company targets eCommerce brands that offer unique products or services, steering clear of generic or mass-market offerings. Dragonfly's team is composed of seasoned professionals with experience in managing global operations, dynamic startups, and Amazon FBA businesses worth over $60 million.
The company's business model is straightforward. It identifies potential eCommerce businesses for acquisition, conducts an evaluation and makes an offer. If the offer is accepted, Dragonfly then performs due diligence, confirms financial trends, and prepares the purchase agreement. The company prides itself on making the process as seamless as possible for the seller, taking on the heavy lifting of the transition process.
Dragonfly's clients are primarily owners of eCommerce businesses who are looking to sell their companies. By selling to Dragonfly, these business owners can free up their time to pursue other interests or challenges. The company offers a fair price for the businesses it acquires and ensures a smooth transition process.
In terms of revenue, Dragonfly makes money by improving and growing the eCommerce businesses it acquires, thereby increasing their value. The company's expertise in managing and developing eCommerce businesses allows it to effectively monetize its acquisitions.
Keywords: eCommerce, acquisition, development, venture-backed, professionals, seamless process, fair price, business owners, value growth, unique brands.