Abe's Market

Company Overview

Snapshot

Founded in June 2008 by Richard Demb and Jon Polin, Abe's Market operated with 1–10 employees. The company raised a total of $19.15M across 5 funding rounds from 7 investors. In May 2016, Abe's Market was acquired by Direct Eats.

Business overview

Abe's Market operated as an online marketplace connecting buyers with natural product makers. The platform enabled customers to learn about products directly from their creators and interact with sellers, serving the e-commerce and food retail markets. The company's technology focused on e-Commerce Tools within the Sales & Marketing Solutions sector, targeting consumers interested in natural and organic products.

Strategic signal

In May 2016, Abe's Market was acquired by Direct Eats. This acquisition signals a consolidation within the online natural products market, indicating a strategic move by Direct Eats to expand its offerings and customer base by integrating Abe's Market's established marketplace.

Company Intelligence Q&A

What was the most significant corporate event for Abe's Market?

Abe's Market was acquired by Direct Eats in May 2016, leading to its inactive status.

When was Abe's Market founded and by whom?

Abe's Market was founded in June 2008 by Richard Demb and Jon Polin.

What was the total capital raised by Abe's Market?

Abe's Market raised a total of $19.15M across 5 funding rounds from 7 investors before its acquisition by Direct Eats in May 2016.

Which investors participated in the December 2013 funding round?

In December 2013, Abe's Market received investment from OurCrowd and Viola Ventures.

Which investors participated in the February 2011 funding round?

In February 2011, Abe's Market received investment from Accel and Index Ventures.