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JCPenney s Bill Wafford Joins as Chief Financial Officer and Thrasio adds $100 million Series C-3 raise at 50% Step Up to January 2021 Valuation
NEW YORK, April 1, 2021 /PRNewswire/ Thrasio, the consumer goods company reimagining omnichannel commerce and consumer products, released two major announcements today: the closing of a final tranche of Series C equity and a key CFO hire to join the senior leadership team.
The latest $100 million tranche closes out an already robust Series C, and brings total capital raised since December to $1.35 billion. Following recent announcements that Thrasio had closed on almost
$500 million in debt financing and
$750 million in equity financing. Thrasio made room for existing investors that could not get enough capacity in prior rounds. These Series C-3 investments were made at a 50% step up in valuation relative to the last round. ....

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