Thrasio Raises $1 Billion in Funding Led by Silver Lake

Thrasio Holdings Inc., an aggregator of Amazon.com Inc. products, has raised more than $1 billion in a private funding round led by technology investor Silver Lake.

Silver Lake, a new investor in Thrasio, was joined by existing investors including Advent International, Upper90, Oaktree Capital Management and Peak6 in the Series D financing, according to a statement. The round valued the company at more than $5 billion, said a person familiar with the matter who asked not to be identified discussing private information.