DE Shaw & Co led a $37m Series B round in Abound.

DE Shaw & Co, a global investment and technology development firm, led a $37m Series B round in Abound, a marketplace that helps entrepreneurs gain the insights and connections needed to place their products on retail shelves, with participation from PointState Capital, Left Lane Capital, RiverPark Ventures and All Iron Ventures. "Demand for a modern wholesale platform is at an all-time high with skilled workers leaving large companies to bet on themselves as retail and product entrepreneurs. At Abound, everything we do is centered around supporting small businesses. That mission is what drives our strategy and the day-to-day activities of our team. This funding round is validation that some of the best investors in the world share our vision that small businesses will lead the transformation of wholesale," Bill Shope, Abound CEO and Co-Founder.