Total amount raised
$8 Millions
Latest funding date
6/1/2019
Location
Amazon has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The company's financial journey reflects its strategic growth and market expansion.
Keep reading to explore the intricacies of Amazon's fundraising journey and the investors backing this global retail giant.
What Is Amazon?
Amazon, founded in 1996, is a major online retailer offering a wide range of products and services. The company was established in Seattle, Washington.
Jeff Bezos is the founder of Amazon, which has grown to become a global retail giant. The company provides services like Amazon Prime, Amazon Web Services, and Amazon Music.
Amazon employs a vast number of people worldwide, contributing to its expansive operations and market reach.
How Much Funding Has Amazon Raised?
- Series A
- Amount Raised: $8M
- Date: June 1996
- Lead Investors: Kleiner Perkins
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund initial operations and growth as an emerging online retailer.
- Post-IPO Equity
- Amount Raised: $100M
- Date: July 2001
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To bolster financial stability and support expansion during the early 2000s tech market volatility.
- Post-IPO Debt
- Amount Raised: $8B
- Date: January 2023
- Lead Investors: Toronto Dominion, DBS Bank, Mizuho Bank
- Valuation at Round: $879B
- Motivation Behind the Round: To support general corporate purposes, including capital expenditures, debt repayments, acquisitions, and working capital needs amidst an uncertain macroeconomic environment.
Total Amount Raised: $8.108B. Current Valuation: $879B.
Key Investors
- Kleiner Perkins
- Details: Kleiner Perkins is a venture capital firm based in Silicon Valley. It has a long history of investing in early-stage technology companies.
- Investment Focus Areas: Technology, healthcare, sustainability.
- Notable Investments: Google, Twitter, Uber.
- Toronto Dominion
- Details: Toronto Dominion, also known as TD Bank, is a major Canadian bank that provides a wide range of financial services. It acts as the administrative agent for Amazon's $8 billion loan agreement.
- Investment Focus Areas: Corporate banking, financial services, loans.
- Notable Investments: Not publicly disclosed.
- DBS Bank
- Details: DBS Bank is a leading financial services group in Asia, headquartered in Singapore. It is one of the lenders involved in Amazon's $8 billion loan.
- Investment Focus Areas: Corporate banking, loans, investments.
- Notable Investments: Not publicly disclosed.
- Mizuho Bank
- Details: Mizuho Bank is a major Japanese bank that provides a wide range of financial services. It is another lender involved in Amazon's $8 billion loan.
- Investment Focus Areas: Corporate banking, loans, financial services.
- Notable Investments: Not publicly disclosed.
What's Next for Amazon?
Amazon's recent $8 billion loan opens up a world of opportunities. This financial boost allows the company to invest in capital expenditures, acquisitions, and working capital, ensuring it remains competitive in a challenging economic landscape. The loan's size underscores Amazon's financial flexibility, positioning it to seize growth opportunities and navigate market uncertainties.
Future fundraising could be on the horizon, given Amazon's strong relationships with lenders. The option to extend the loan for another 364 days suggests potential for additional financial maneuvers. However, challenges such as inflation, a strong dollar, and workforce reductions could impact its growth trajectory. Despite these hurdles, Amazon's strategic investments and financial prudence may help it maintain its market leadership.
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