Here’s what all the startups Jeff Bezos has invested in this year have in common

Since retiring as CEO of Amazon, Jeff Bezos has focused on the acquisition of startups in different sectors.

Operates through your investment company, Bezos Expeditions. Since he started in the business world, the businessman has made large operations such as the multimillion-dollar profits from his investment in Google or Uber.

Since the creation of Bezos Expeditions, in 2005, the company has invested in 96 startups and has come out of 17 investments. In so far this year, has invested in nine start-ups and, curiously, they all have one factor, or more, in common.

Overtime Sports

It is a sports digital media company that works through platforms such as Facebook and YouTube. It was founded in 2016 and has more than 65 million followers on the networks and its content accumulates more than 2,000 million views per month.

Bezos was one of the most prominent investors in Overtime during its Series C financing, in which he raised nearly $80 million. To top it off, the company raised $100 million during its series D financing, and is currently valued at $500 million.

Overtime’s annual revenues typically range from $50 million to $100 million. Now, the startup is developing its own star basketball league, the Overtime League, made up of athletes between the ages of 16 and 18.

real world

This platform wants to help the generation Z in routine day-to-day tasks related to health, finances or work. The platform raised $3.4 million in 2021, including investment from Bezos Expeditions.

The help app is very broad and deals with aspects as different as explaining how certain taxes work or what happens during a pregnancy.

It works through game guides and currently has more than 90. It offers access, but projects a subscription model for additional features.

Arrived Homes

After the success of investing in Airbnb in 2011, when it was just a startup, Bezos is back in real estate.

Arrived Homes is a platform of real estate investment that buys properties throughout North America and converts them into long-term and short-term rentals. Bezos has already invested 2 times in this company.

Stark Bank

Another of the companies that Bezos has his eye on is this Brazilian financial technology startup. The company currently manages some 108 million dollars and more than 300 clients.

After its last round of financing, it would be close to becoming a unicorn.

Outgo Inc.

This startup tracks the goods. It has raised $3.4 million in its latest funding round.

The company is ambitious and calculates that it is targeting a market of about 400 million dollars in which it wants to take advantage of its rates, which are lower than those of the sector.

dox

This application brings together different methods of paying bills online. It has several strong partners like AT&T Inc. and Sound Community Bank and is aiming to modernize the $4.61 trillion bill payment industry in the United States.

Bezos was already one of the first doxo investors in 2013.

wild type

In February 2022 Wildtype raised $100 million in a funding round involving Bezos. The company is dedicated to the breeding of cell-cultured salmon and will shortly commercialize cultured shellfish as well.

The startup seeks to offer sushi-type salmon without microplastics to face the environmental danger of wild fish.

CloudPaper

In an attempt to fight the deforestation, this startup designs toilet paper and paper towels from bamboo. It has the Forest Stewardship Council certificate and in just one year it has saved more than 10,000 trees.

Bezos Expeditions was one of the first major investors to take notice of her. Cloud Paper sales increased 930% since its last funding round with a 230% increase in direct customer base. Similarly, the startup’s revenues have increased by 800% since then.

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lummo

Bezos got into Southeast Asia with his bet on the D2C SaaS platform, Lummo. It is specialized in data analysis services for electronic commerce platforms. It has experienced a boom since the growth of its flagship product, LummoSHOP.

The founder and CEO, Krishnan Menon, has stated after Bezos’ investment that he prepares the business for exponential growth in the coming months and years. He believes the investment will bolster Lummo’s efforts to further build a D2C product offering and deliver greater value to entrepreneurs and businesses in Indonesia.

common link

Of course, it’s obvious that most of the companies Bezos has invested in in recent months have a common audience: Gen Z.

Bezos seems to be clear that this generation will greatly influence the future of modern society. Concerned about digitization and the environment as key factors to develop.