E-commerce: Heroes has obtained £145 million in funding

 

Based in London, Heroes is an e-commerce start up that focusses on the acquisition and expansion of small-sized category-leading consumer brands. It has recently secured £145 million in funding for its growth.

The firm was founded by two brothers Riccardo Bruni and Alessio Bruni in October 2020. It works to empower upcoming e-commerce entrepreneurs to earn the rewards of their hard work through a fair and fast exit. The firm uses a proprietary approach to identify, assess, acquire and optimise merchants, thanks to which it is able to complete brand acquisitions in just three weeks. During the pandemic, Heroes has expanded its operations in the UK, the EU, North America and Asia via multiple acquisitions that has allowed it to build a portfolio of category-leading consumer brands operating on global Amazon marketplaces. It now has 70 staff globally.

The investment round was led by US-based investor Crayhill Capital Management. The money raised will be used for the next phase of Heroes’ rapid growth. It will allow it to acquire and scale consumer brands across the world.

The co-founder of Heroes, Riccardo Bruni, advanced, “We’ve achieved incredible growth since our launch in October 2020 and we are excited to be partnering with Crayhill Capital Management to support us on the next phase of our journey”.

Photo credit: QuinceCreative from Pixabay


Heroes has raised more money to expand

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