Elevate Brands Seeks To Expand Presence In Israel With Hiring Of CTO
TEL AVIV, Israel – (COMMERCIAL THREAD) –Elevate marks, a leader in the acquisition and operation of third-party Amazon businesses, today announced it has hired Arkady Gurevich as chief technology officer. Gurevich is leading the company’s expansion in Tel Aviv and is expanding its engineering and data analysis team with several new positions open. Elevate Brands plans to double its current workforce by the end of 2021 with 100 new employees, and seven are expected to be based in Tel Aviv.
“As Amazon Marketplace presents a huge opportunity to build a multi-billion dollar CPG platform, it is critical to our success that we integrate a strong technical team,” said Ryan Gnesin, CEO of Elevate Brands. “Our all-star team will be instrumental in building the technology that will give us the competitive edge to win in this space and we are extremely confident that Arkady will develop the Tel Aviv team with the talent to achieve the ambitious goals we have set, set out to accomplish this year.
As CTO, Gurevich is responsible for implementing technology strategies to support the growing list of acquired brands and internal IT needs of the global team, as well as ensuring that technology resources are aligned with business needs. of the company. He is also spearheading the expansion of the company’s team in Tel Aviv and intends to fill several positions in data engineering, analysis and product development. Gurevich, who started his career at IAF’s prestigious Ofek unit, most recently served as chief analytics officer for HiredScore, co-founder and vice president of data for the Saros group, chief data officer for Surance .io and co-founder and chief operating officer for TourING.
“Elevate Brands’ rapid acquisition speed requires a strong technical infrastructure and this is a great opportunity to cultivate our data team to meet accelerated technology needs. The technology is an opportunity to strengthen Elevate’s competitive advantage in the marketplace and we are excited to be working on advanced data applications that will truly set us apart, ”said Arkady Gurevich, CTO of Elevate Brands. “Tel Aviv has some of the most talented data engineers in the world and I look forward to recruiting, onboarding and working alongside this growing team. We invite passionate professionals looking to build from scratch to check out the roles we offer or contact me directly.
Elevate Brands has raised a total of $ 67.5 million in 2021, fueling the company’s vendor acquisitions at a rate of 3-4 per month, and is poised to acquire 100 category-leading brands from by the end of 2022. Elevate Brands added more than 60 employees in 2021, including senior executives and industry experts. The company is headquartered in the United States in New York and Austin, Texas, and is positioned to be one of the leading platforms in Amazon’s growing market.
About the Elevate brands
Founded in the fourth quarter of 2016, Elevate marks taps into Amazon’s high-growth third-party seller market, a $ 300 billion market that is expected to double over the next five years. Elevate Brands specializes in the acquisition, launch and operation of leading consumer Amazon brands. Elevate Brands has a global team of industry leaders headquartered in New York and Austin, TX. Its vast network of resources gives brands a unique ability to scale quickly. The company structures its underwriting process for speedy execution, closing the deal in weeks, not months. The founders of the company had previously created their own brands on Amazon, providing valuable insight into the challenges that sellers face.