Tag: abesmarket

OurCrowd’s Portfolio Company Abe’s Market Featured On Bloomberg TV

OurCrowd’s portfolio company Abe’s Market, a fast growing e-commerce company focused on creating the amazon.com equivalent for the explosive natural and organic products market, was featured on Bloomberg Television’s “Taking Stock.” In the interview, Abe’s Market co-founder Richard Demb discusses the natural food industry and how the company competes with Whole Foods. Abe’s Market raised $680,000 from OurCrowd investors in 2012 and $1,000,000 its 2nd round of funding in 2014. View the video below or play it on Bloomberg...

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Entrepreneur: “Online Marketplace Abe’s Market to Start Funding Organic Businesses”

Entrepreneur Magazine, a leading publication covering news stories about entrepreneurialism, small business management, and business opportunities, featured OurCrowd portfolio company Abe’s Market. Abe’s Market is a fast growing e-commerce company focused on creating the amazon.com equivalent for the explosive natural and organic products market. These direct interactions between small-business owner and consumers, along with a commitment to natural and organic products, is what defines Abe’s Market, says Richard Demb, the Chicago-based company’s CEO and co-founder. And now Abe’s Market is taking its mission a step further by investing in some of the businesses on its marketplace. Mistral Equity Partners, a New York private equity firm, recently provided $20 million in funding, $10 million of which will go into Abe’s own mini-VC fund that will invest directly in their own suppliers and other natural product businesses that apply through the site. “This will help fill a big gap in industry,” Demb says. “If you are a company that is doing a few hundred thousand to a few million dollars in sales, you’re not yet at a professional money level yet. There are...

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OurCrowd’s portfolio company Abe’s Market featured in the Wall Street Journal

Leading business and finance website, The Wall Street Journal, featured OurCrowd’s portfolio company Abe’s Market, a fast growing e-commerce company focused on creating the amazon.com equivalent for the explosive natural and organic products market. OurCrowd investors just participated in a funding round of $10 million into Abe’s Market led by Mistral Equity Partners, a leading mid-market consumer-focused private equity firm. Chicago-based Abe’s Market is tapping into the growing interest in healthy lifestyle, natural and organic foods, via its online store, where the company sells packaged food, beauty and other products. Abe’s Market aims to connect consumers with smaller, specialty brands. “Without us, in the early days a lot of these companies were selling their wares at farmer’s markets,” said Mr. Polin, who is Abe’s Market’s president. Launched in 2009, Abe’s Market is still a relatively small operation, and is hoping to expand to millions of customers, using the new infusion of capital. Abe’s Market raised $680,000 from OurCrowd investors in 2012 and $1,000,000 its 2nd round of funding in 2014. Read more on The Wall Street...

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Abe’s Market featured in Forbes’ “25 Most Innovative Consumer and Retail Brands”

Forbes named OurCrowd portfolio company Abe’s Market as one of the 25 most innovative consumer and retail brands. Forbes’ contributor Ryan Caldbeck ranked hundreds of companies to come up with 25 of the most creative and innovative consumer retail companies that are changing the way we live our lives while re-inventing their respective industries. Abe’s Market was listed for “offering the online marketplace natural, organic and eco-friendly products. And for providing stories connecting the people who make products to their consumers.” Abe’s Market raised $680,000 from OurCrowd investors in 2012. Read more on the Forbes site...

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OurCrowd portfolio company Abe’s Market featured in Forbes

Forbes’ contributor Christopher Versace spoke with  Richard Demb, the co-founder and CEO of  OurCrowd portfolio company Abe’s Market, on June 26th. The article describes Abe’s Market, an online marketplace for great natural products, as sitting at the intersection of Amazon.com and Whole Foods Market. Read excerpts of the piece below, or read it on Forbes here. “I recently spoke with Richard Demb, the co-founder and CEO of Abe’s Market – a company that is exploding given the explosive demand for natural foods and products as well as the surge in demand for gluten-free products. Rather smartly, he and his team realized  what this could mean when that demand for natural, organic and gluten free products was combined with the power of Internet retailing. Soon after Abe’s Market was born — and today it brings you thousands of products that have the Abe’s stamp of approval across a number of categories including food, beauty, health, home and more. In short, Abe’s is kinda like a combination of Whole Foods meets Amazon.com. ” “Abe’s Market launched a new service offering that I think you’re going to want to hear about –...

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