Abound Raises $36.7 Million In Series B Financing Led By The D. E. Shaw Group

Nov 04, 2021•over 3 years ago

Amount Raised

$36.7 Million

Round Type

series b

Description

Abound, the leading curated wholesale marketplace connecting small business owners and independent brands, today announced the completion of a $36.7 million Series B financing round led by global investment and technology development firm the D. E. Shaw group. This latest investment round, which includes additional support from PointState Capital, Left Lane Capital, RiverPark Ventures and All Iron Ventures, brings the company's total funding to $59.6 million.

Company Information

Company

Abound

About

Abound is the leading wholesale marketplace serving brands and retailers in the US and UK. Offering over 400,000 products from thousands of brands, Abound offers retailers and brands a modern way to connect and build lasting business relationships. Abound is funded by the D.E. Shaw group, PointState Capital, Left Lane Capital, RiverPark Ventures, All Iron Ventures, and Red Antler. Abound is headquartered in New York City. Web: https://helloabound.com, Instagram: @helloabound, Facebook: www.facebook.com/helloabound, Pinterest: www.pinterest.com/helloabound/.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Abound Raises $36.7 Million In Series B Financing Led By The D. E. Shaw Group

Description

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Funding Insights

Company Information