What is Mendels?
Mendels operates as a retail store situated in San Francisco's Haight-Ashbury neighborhood, offering a diverse selection of art supplies and creative materials through both in-store and online channels. The company caters to artists and creative individuals seeking quality products, emphasizing personalized customer interaction and in-store assistance to foster artistic endeavors.
How much funding has Mendels raised?
Mendels has raised a total of $2M across 1 funding round:
Angel/Seed
$2M
Angel/Seed (2017): $2M with participation from BootstrapLabs, LaunchCapital, and DCM Ventures
Key Investors in Mendels
BootstrapLabs
BootstrapLabs is a venture capital firm focused on Applied Artificial Intelligence, investing in early-stage companies and providing strategic support to founders.
LaunchCapital
LaunchCapital is a venture capital firm that supports entrepreneurs at the seed and early stages, providing hands-on assistance and investing in innovative companies nationwide.
DCM Ventures
DCM Ventures is a venture capital firm that invests in early-stage technology companies, focusing on sectors such as consumer, enterprise, and fintech.
What's next for Mendels?
The substantial enterprise-level funding, including the recent strategic investment, positions Mendels for significant expansion and enhancement of its offerings. This capital infusion is expected to fuel growth initiatives, potentially involving the expansion of its product lines, optimization of its online and in-store operations, and further development of its customer engagement strategies. The company is poised to strengthen its market presence as a key supplier for artists and creative professionals.
See full Mendels company page