Go North

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Go North is an ecommerce aggregator that focuses on acquiring and scaling brands primarily on Amazon's Fulfilled-By-Amazon (FBA) platform. Founded in late 2021, the company aims to consolidate smaller third-party Amazon sellers under its operational umbrella to increase profitability. Go North's business model involves acquiring Amazon FBA brands and leveraging synergies between these acquisitions to drive growth. The company differentiates itself from competitors by being operated by former Amazon FBA entrepreneurs, positioning itself to better understand and connect with the sellers it acquires. Go North's strategy involves providing resources to entrepreneurs and creating an ecosystem of ecommerce businesses. As of April 2022, the company had built a portfolio of 11 brands, reporting impressive year-over-year growth post-acquisition. Go North set an ambitious target of achieving 1 billion SEK (approximately 96.74 million EUR) in revenue within three years of its founding, aiming to accomplish this through a high acquisition rate and accelerated brand profitability. The company's acquisition strategy involves targeting one new brand per week.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Sockerbruket 17 Göteborg SWE
Founded year:
2020
Employees:
51-100
IPO status:
Private
Total funding:
USD 68.9 mn
Last Funding:
USD 53.6 mn (Debt Financing; Jan 2023)
Last valuation:
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