TZERO Group, Inc. announced that it has received $75.013767 million in funding from Intercontinental Exchange, Inc., Overstock.com, Inc., Pelion, Inc, Elevated Returns
August 21, 2022
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On August 22, 2022, tZERO Group, Inc. closed the transaction. The company received its second and final tranche of $34.488699 million in the transaction. The transaction was led by Intercontinental Exchange, Inc. The transaction also included participation from returning investor Overstock.com, Inc and ER XSpring Fund, a fund managed by retuning investor Elevated Returns.
With the completion of company's funding round, the combined direct and indirect ownership of Overstock.com, Inc. is approximately 55%. This includes a direct minority ownership of approximately 29%. Medici Ventures, Inc. holds approximately 26%.
Beyond, Inc. is an e-commerce company. The Company owns Overstock, Bed Bath & Beyond, Baby & Beyond, Zulily, and other related brands and associated intellectual property. Its suite of online shopping brands feature various products. Bed Bath & Beyond is an online furniture and home furnishings retailer in the United States and Canada. Its e-commerce Website sells a range of home products, including furniture, bedding and bath, patio and outdoor, area rugs, tabletop and cookware, decor, storage and organization, small appliances, home improvement, and more. It offers additional products or services, including Business Advertising Opportunities, Marketplace Services, International Sales Support, and Supplier Oasis Integration. Its Supplier Oasis platform is a singular integration point that enables its partners to manage their products, inventory, and sales channels. It also facilitates international sales for customers outside the United States through third-party logistics providers.
TZERO Group, Inc. announced that it has received $75.013767 million in funding from Intercontinental Exchange, Inc., Overstock.com, Inc., Pelion, Inc, Elevated Returns
BEYOND, INC. 
