Jungle Scout
| Industry | E-commerce, software services |
|---|---|
| Founded | February 2015 |
| Founder | Greg Mercer |
| Headquarters | |
Number of employees | 200[1] |
| Parent | JS Operating Company[2] |
| Website | junglescout.com |
Jungle Scout is an American company providing SaaS-based tools for search and market analytics, inventory management, and sales intelligence for companies selling in online marketplaces.[3]
Overview
Jungle Scout was started in 2015 by Greg Mercer. The company initially sold search optimizing tools to sellers solely on Amazon.[3] Jungle Scout advertises management of e-commerce businesses.[1] The company was recognized as the "Best Startup Employers" in 2021 by Forbes magazine.[4]
The company established its headquarters in Austin, Texas in 2018 and has offices in Vancouver, British Columbia, and Shenzhen, China.[5]
Acquisition
Jungle Scout acquired "Forecastly", a predictive analytics and demand forecasting tool for Amazon sellers, in 2018.[2] In March 2021, Jungle Scout raised $110 million in growth capital led by Summit Partners, part of which was used to acquire Seattle-based Downstream Impact, a company specializing in Amazon advertising technology.[3]
References
- ^ a b Hawkins, Lori (March 4, 2021). "Austin e-commerce firm Jungle Scout raises $110 million to continue growth". Austin American-Statesman.
- ^ a b Cronin, Mike (March 4, 2021). "Austin startup Jungle Scout has new majority owner, plans to double headcount". Austin Business Journal.
- ^ a b c Lunden, Ingrid (March 4, 2021). "Jungle Scout raises $110M, acquires Downstream Impact to help 3rd parties sell on marketplaces like Amazon". TechCrunch.
- ^ "America's Best Startup Employers 2021". Forbes magazine.
- ^ Cronin, Mike (October 9, 2019). "Jungle Scout plants global HQ in East Austin". Austin Business Journal.