Acquco is a rapidly growing digital marketing agency that provides services to some of the world’s leading brands. Their mission is to help marketers succeed by bringing together the right people, technology and data to produce measurable results. The company is expanding quickly and has plans to grow to over $500m in revenue by 2022. We’ll take a closer look at what makes the company tick, including the founding team, current growth rate and future plans.
Background of the founders
Acquco is an e-commerce platform that aims to help third-party Amazon sellers scale their operations and make more money. This is done through proprietary technologies and operational playbooks. While this company did not exist on a silver platter overnight, it has already secured more than $80 million in funding.
The startup is led by former Amazon employees Raunak Nirmal and Wiley Zhang. After consulting for the world’s largest sellers in the Amazon ecosystem, the duo decided to take the plunge and launch their own firm.
The company has been profitable from the start, netting over $100 million in revenue in its first year. It has raised a number of seed and Series A funds, including from GoDaddy CEO Aman Bhutani, Singh Capital Partners, and CoVenture.
Current growth rate
Acquco is an ecommerce platform that helps Amazon sellers build a business. It was founded in 2020 by former Amazon employees Raunak Nirmal and Wiley Zhang.
They built tools to help sellers maximize profits and monetize their businesses. They also consulted for some of the largest sellers in the world. As a result, they have a deep understanding of the third-party seller ecosystem on Amazon.
Acquco uses proprietary algorithms to analyze millions of data inputs. This allows them to quickly identify the best businesses to acquire. They then turn these brands into omnichannel businesses.
The company’s goal is to scale its portfolio to over $500 million in revenue by 2022. In order to reach this ambitious goal, Acquco plans to invest in technology.
Acquco is one of the fastest growing Amazon aggregators, and it recently announced its inaugural 3PS Awards to celebrate the best of the best. The company has already scaled to over $100 million in revenue in less than a year. Now it plans to double that figure and grow to more than a hundred people by the end of the year.
Founder Raunak Nirmal was previously CEO of RefundLabs. He left to start Acquco with co-founder Wiley Zhang. They both have experience working at Amazon. As such, the company has a deep understanding of the e-commerce giant. However, there is more to the company than just a third-party seller platform. In addition to acquiring third-party sellers, Acquco also leverages its proprietary technology to identify the best businesses to acquire.
Acquco is an e-commerce platform that focuses on acquiring and scaling third-party sellers on Amazon. It was founded by two former Amazon employees, Raunak Nirmal and Wiley Zhang, in 2020. They have since scaled to over $100 million in revenue.
Acquco combines proprietary technology with a proven operational playbook to quickly identify and acquire the best businesses on the market. Their goal is to create a centralized platform where all e-commerce sellers can rely on. The startup recently raised $160 million in equity and debt.
With the new capital, Acquco plans to enter “hypergrowth mode” and scale their portfolio to over $500 million in revenue by 2022. As part of this growth, they plan to hire more than 100 people.