Selected 2015

Avenida

  • Country Argentina
  • Lead Investors Tiger Global, Naspers
  • Industry eCommerce
  • Investment Date July 2015

Description

Avenida is an ambitious young eCommerce company seeking to become the “Amazon.com of Argentina.” Based in Argentina – a market not served directly by Amazon.com – the 18 month old company is a “one-stop-shop” online retailer that has already become the largest pure e-commerce player in the country in just its first 18 months! Avenida was conceived of by Endeavor Entrepreneurs Andy Freire and Santi Bilinkis as part of their company building initiative Quasar Ventures, and co-founded by Fede Malek (Avenida’s CEO) and Alan Kraus (Avenida’s COO). Their vision is to build a $1B+ company in the next five years. Andy and Santi were selected as Endeavor Entrepreneurs at the very first ISP ever in January 1998, and have been active entrepreneurs, mentors and board members ever since. Fede and Alan were selected as Endeavor Entrepreneurs with Avenida in April 2015 at ISP 58 (Santiago, Chile).

Fun Fact

The young company – founded in early 2014 – has already raised more than $50M!

News related to Avenida

Entrepreneurs

Santiago, Chile – April 22, 2015 – During the 58th Endeavor International Selection Panel (ISP) , 31 high-impact entrepreneurs

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