Jungle Scout (company)
 | This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. (July 2023) |
| 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[edit]
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[edit]
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]
Technology[edit]
Jungle Scout processes data from more than 500 million Amazon products.[1] Its database tracks products from the Amazon catalog and the sales history of a product.[6][7] The company also conducts research to provide insights on Amazon sellers,[8] user buying preferences, behavior,[9] global imports,[10] and other merchandise.[11][12]
Jungle Scout can help assess market demand,[13] identify valuable keywords, locate profitable suppliers, track competitors' pricing strategies and much more. By leveraging Jungle Scout's feature set, businesses of any size can access the resources needed to succeed in this rapidly changing digital landscape.
References[edit]
- ^ a b c 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.
- ^ Martinez, Mel (25 June 2020). "Jungle Scout: Amazon's Answer to Product Research – Business Ideas". BusinessOpportunities.Biz.
- ^ Rifilato, Tony (4 March 2021). "Amazon-Selling Platform Jungle Scout Raises $110 Million To Expand Beyond Amazon". AdExchanger.
- ^ Chan, Justin (22 March 2021). "Gen Zers Are Bragging About Making Upwards of $3 Million as Amazon Sellers. Is It Really That Easy?". Entrepreneur magazine.
- ^ Stein, Sanford (August 7, 2020). "Can Macy's Compete Against Poshmark, Instagram and Amazon with Shoppable Content and Social Selling?". Forbes magazine.
- ^ Loeb, Walter (September 12, 2019). "Tariffs Are Starting To Hurt Sellers On Amazon". Forbes magazine.
- ^ Picchi, Aimee (December 13, 2019). "Baby Yoda: Why you can't get the Star Wars toy for the holidays". CBS News.
- ^ Top Rated Amazon Sellers on US Marketplace
- ^ Ordonez, Jordi. "JUNGLE SCOUT 🏆 80% discount + review (2024)". Retrieved 2024-02-21.