Announced
Completed
Financials
Sources
Tags
it services
Completed
IT Services: Other
Venture Capital
commerce company
Domestic
Friendly
Private Equity
United States
Minority
Acquisition
Private
Synopsis
Private equity firms Blackstone and Juxtapose led a $200m funding round in Kite, a commerce company specializing in scaling high-potential brands. "Creating extreme efficiencies across a product's commerce journey is the path to unlocking its greatest potential. At Kite, we are reimagining how products are made, moved, stored, shipped, and sold—at scale. As we build upon the platform's suite of companies and products, the more insights we will glean on consumer preferences, buying behavior, and brand-customer engagement. As the platform matures and expands, we will refine our ability to make data-driven strategic decisions to intelligently scale our brands," Rob Solomon, Kite Co-Founder and CEO.
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