# Abebooks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/abebooks

- Industry: Retail
- Headquarters: Victoria, Canada
- Website: www.abebooks.com
- Latest round: Seed (Jun 1, 1999)
- Investors on record: 1

## About

Abebooks, Inc. operates as a global online marketplace that connects buyers and sellers of books, art, and collectibles, catering to bibliophiles and collectors with an extensive catalog across various genres and formats.Founded in 1996 in Victoria, Canada, Abebooks, Inc. is an online platform that facilitates the buying and selling of books, art, and collectibles. The company was acquired by Amazon.com in August 2008 for an undisclosed amount, marking a significant shift in its operational structure. Rick Pura, the founder, played a pivotal role in establishing the company, which has expanded its reach across various international markets.Abebooks specializes in providing a comprehensive online marketplace that connects buyers and sellers of books, art, and collectibles. The platform facilitates transactions for a wide range of products, including rare books, textbooks, and collectible art pieces, catering primarily to bibliophiles, collectors, and educators. Customers use Abebooks to search for specific titles or unique items, benefiting from the site's extensive catalog that features listings from numerous independent sellers. The service operates globally, serving diverse geographical markets, including the United States, Canada, the United Kingdom, Germany, France, Italy, Australia, and New Zealand. By offering users a seamless interface for browsing, purchasing, and selling items, Abebooks addresses the challenges faced by consumers in finding hard-to-locate books and collectibles.Abebooks generates revenue through a marketplace model, where transactions occur primarily via seller listings and buyer purchases. The company earns commissions from sales made on its platform, as well as through fees associated with seller accounts. This structure allows independent sellers to list their inventory while providing Abebooks with a steady income stream based on the volume of transactions. While specific pricing details for listings may vary, the platform supports a range of items, including first editions and signed copies, which typically command higher price points. Abebooks also offers services for sellers to promote their items more effectively, enhancing the visibility of their collections to potential buyers across various markets.Following its acquisition by Amazon.com in August 2008, Abebooks plans to leverage Amazon's resources for future growth by enhancing its online platform and expanding its product offerings. Specific upcoming products and services are in development, aiming to improve user experience and engage new customer segments. The company is focusing on expanding its market presence in regions such as Europe and Asia by 2025, targeting bibliophiles and collectors in these areas. Recent funding from the acquisition will support these initiatives, enabling Abebooks to innovate and adapt to changing market demands.

## Funding rounds

- Seed, Jun 1, 1999 — STS Ventures

## Investors

- STS Ventures (https://capitalatlas.ai/funds/sts-ventures) — Seed