“#328 – Carton amazon” by Laurence Vagner is licensed under CC BY-NC-SA 2.0

Perch, a Boston-based collective of Amazon Marketplace businesses, has announced that it’s secured $123.5 million in new financing led by Spark Capital and with participation from Tectonic Ventures and Boston Seed. The new financing brings the total amount of funding raised by Perch to more than $130 million. The company says it’ll use the funds to acquire more Amazon Marketplace businesses and bolster its operations.

Perch is a collective of Amazon Marketplace businesses, that is third-party brands that conduct business on Amazon’s e-commerce platform. The idea of a collective of such third-party brands operated by a parent company has picked up steam as of late and in the process even produced a company with a billion-dollar valuation by the name of Thrasio. Another such company, Boosted Commerce, recently closed an $87 million round that saw participation from a group of executives from companies such as Tinder, TPG, and the Los Angeles Dodgers.

Perch as a company was founded just about a year ago. The company’s founder, Chris Bell, was the former head of logistics at furniture e-tailer Wayfair.

Perch is based out of the city of Boston, Massachusetts.

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