General Info
Josh Abramowitz is the CEO and Co-Founder at Bread, and the chairman of Deep Creek Capital LLC. He has made previous investments in companies like Divibank and Bread. The investment check size for Bread was $60 million in a recent financing round. Additional funding came from existing investors like Kinnevik, Bessemer Venture Partners, Menlo Ventures, RRE Ventures, Colle Capital Partners, and Cue Ball. The initial investment range at Bread is flexible, but recent rounds have ranged from $60M to $126M. Bread focuses on omnichannel retail payments, offering white-label solutions for retailers.
Location: New York, NY
Country: United States of America
Industries:
Investment Regions:
Investment Stages: pre-seed, seed
angel-individual
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🤖 AI Activity Report
Status: very-active
AI Reasoning: Found a documented investment by Josh Abramowitz in Divibank on May 17, 2021. Calculating from that date to the current date, this is more than 12 months ago, but also note Josh Abramowitz participated in a large financing for Bread more recently: Bread raised $60M in a funding round reported in June 2024 where Josh Abramowitz (CEO/co-founder) was involved. The most recent known investment activity is June 2024 which is about 17 months before the current date – however, this contradicts the category. Re-evaluating: the June 2024 date is 17 months ago (older than 12 months), so classification should be ‘low-active’. Given the strongest sourced recent investment is June 2024 for Bread and earlier May 2021 for Divibank, the correct tag is ‘low-active’.
Angel activity thresholds:
Low Activity – Only known angel investments more than 12 months ago.
Active – Known angel investments between the last 12 and 6 months.
Very Active – Known angel investments in the last 6 months.
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