TEL AVIV, Israel--(BUSINESS WIRE)--Elevate Brands, a leader in acquiring and operating Amazon third-party 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 data engineering and analytics team with several new open positions. Elevate Brands plans to double its current staff by the end of 2021 with 100 new employees, and seven are expected to be based in Tel Aviv.
“As the Amazon Marketplace presents an enormous opportunity for building a multi-billion dollar CPG platform, it is vital to our success that we onboard a powerhouse tech team,” said Ryan Gnesin, CEO of Elevate Brands. “Our all-star team will be instrumental in building out the technology that gives us the competitive advantage needed to win in this space and we are extremely confident that Arkady will grow the Tel Aviv team with the talent to meet the aggressive goals we’ve set out to accomplish this year.”
As CTO, Gurevich is responsible for implementing technology strategies to support the growing list of brands acquired and internal IT needs for the global team as well as ensuring the technological resources are aligned with the company's business needs. He is also spearheading the company’s team expansion in Tel Aviv and intends to fill several data engineering, analytics and product development positions. Gurevich, who started his career in the prestigious Ofek unit of the IAF, most recently served as head of analytics for HiredScore, co-founder and vice president of data for Saros Group, chief data officer for Surance.io and co-founder and chief operations officer for TourING.
“Elevate Brands’ expeditious speed of acquisitions prompts a need for a strong technical infrastructure and this is a great opportunity to cultivate our data team to meet the accelerated technological needs. Technology is an opportunity to drive Elevate’s competitive advantage in the market and we’re excited about working on the advanced data applications that will truly set us apart,” said Arkady Gurevich, CTO of Elevate Brands. “Tel Aviv has some of the world’s most talented data engineers and I look forward to recruiting, onboarding and working alongside this growing team. We’re inviting passionate professionals who are looking to build from the ground up to check out the roles we’re offering or reach out to me directly.”
Elevate Brands raised a total of $67.5 million in 2021, fueling the company’s acquisitions of sellers at a pace of 3-4 per month, and is on pace to acquire 100 category-leading brands by the end of 2022. Elevate Brands has added more than 60 employees in 2021, which include senior leaders and industry experts. The company has U.S. headquarters in New York and Austin, Texas and is positioned to be one of the leading platforms in the fast-growing Amazon Marketplace.
About Elevate Brands
Founded in Q4 2016, Elevate Brands taps into the high-growth Amazon Third Party Seller Marketplace, a $300 billion marketplace that is expected to double in the next five years. Elevate Brands specializes in acquiring, launching and operating leading consumer Amazon brands. Elevate Brands has a global team of industry leaders with headquarters in New York and Austin, TX. Its broad network of resources provides a unique ability for brands to scale quickly. The company structures its underwriting process to execute quickly, closing the deal within a matter of weeks, not months. The company founders previously built their own brands on Amazon, bringing valuable insight to the challenges that sellers face.
