Benitago Group
Holding Companies & Conglomerates · New York, United States · 1-10 Employees
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Overview
Headquarters
433 Broadway, New York City, New York, 1...Phone Number
(407) 227-2158Website
www.benitago.comRevenue
<$5 MillionIndustry
About Benitago Group
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Benitago Group financials insights
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Unspecified
$55M
Series A
$325M
Benitago Group Tech Stack
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Benitago Group News & Media
Briefing: Amazon Aggregator Benitago, Which Raised $383 Million, Files for Bankruptcy
Benitago, a New York-based startup that bought up brands that are popular on Amazon, filed for bankruptcy on Wednesday, according to a court filing. The bankruptcy is part of a broader shakeout in the world of so-called Amazon aggregators. Benitago was founded in 2016 and had raised $383 million from backers including CoVenture and HSBC U.K., according to data from PitchBook. It mostAmazon Business-Buyer Benitago Files Chapter 11 Bankruptcy
Benitago Inc. and affiliates filed for Chapter 11 protection from creditors in New York, court papers show.Benitago Group exec confirms it didn’t close, but did lay off some employees
Though the company did make a few acquisitions this year, it shifted gears toward brand incubation and operations, or essentially developing their own brands. Benitago Group exec confirms it didn’t close, but did lay off some employees by Christine Hall originally published on TechCrunch
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Frequently Asked Questions Regarding Benitago Group
Benitago Group specializes in acquiring and growing Amazon FBA businesses, offering a fast and efficient selling process with evaluations provided within 24 hours. They emphasize a quick closing time, typically within 28 days, and leverage their expertise in Amazon brand growth to ensure sellers receive the best possible earnout. The company is com... Read More