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Perch

Technology-driven commerce company for brands

201-500 employees
  • B2B
  • Enterprise
  • Marketplace
  • Financial Services
  • Consumer Goods
  • eCommerce
Back Bay East, Boston, MA

Company mission

To help brands reach their business goals, by acquiring and managing companies at scale.

Top investors

700% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

Perch acquires and operates high-performing Amazon third-party and other direct-to-consumer brands who stand out in their markets. Founded in 2019, the company raised over $900 million in its first 18 months, making it one of the most heavily funded companies of its kind.

Perch operates on a fairly simple model, buying and scaling already successful online retailers at a rate of around two brand acquisitions per week. Behind the scenes, it uses a team of software engineers to build software that allows the company to identify the best targets for acquisition.

The pace of growth doesn’t look like it's slowing down anytime soon, having acquired Amazon Seller Web Deals Direct, which boasts 30 of its own brands. What's more, there are plans to move beyond Amazon into the likes of Target and Walmart, as well as into the brick-and-mortar retail space.

Benefits

  • Health & Medical - We offer medical, dental, vision, life, disability, and FSA coverage for our full-time employees
  • PTO & Wellness - Perch employees enjoy flexible, self-managed PTO with no cap. We also offer a handful of company-wide Wellness Days - leaving plenty of opportunity to rest and recharge
  • Flexible Work Environment - We understand you have a life outside of work. We offer our employees a hybrid work environment, leaving the option for both remote and in-office work. We also offer commuter benefits!
  • Planning for the Future - No matter what the occasion, our benefits package keeps you covered — with a 401K match, paid parental leave, and competitive stock options
  • Perch Discounts - We love our Perch products, and we hope you do too! Perch employees enjoy discounted pricing on products that fall under our umbrella of brands
  • Work Culture - Our work culture is open, trusting, and highly collaborative. We win, together

Company values

  • Obsess Over the Customer
  • Act with Integrity, Always
  • Leverage Data to Make Decisions
  • Diversity of Backgrounds & Thought
  • Take Initiative & Have a Bias Toward Action
  • Challenge the Status Quo
  • Accept Failure as Part of Moving Quickly
  • Seek out Feedback with a Growth Mindset

Funding (last 2 of 4 rounds)

May 2021

$775m

SERIES A

Oct 2020

$123.5m

EARLY VC

$908.8m

Total funding

This company has top investors

Founders

They started their career at GE Healthcare as a Team Lead, before joining Gordon Flesch as a Senior Sales Rep. They worked as a Bain & Company Principal for over 6 years before joining Wayfair in 2016, and founding Perch in October 2019.