Jack Abraham

Jack Abraham is a prominent figure in the venture capital landscape, best known as the Founder and Managing Partner of Atomic, a unique venture studio based in San Francisco. Abraham's entrepreneurial journey began early, notably with the founding of Milo.com, an online shopping search engine that was acquired by eBay for $75 million in 2010. This successful exit laid the groundwork for his subsequent ventures, including co-founding TalkIQ, which was later acquired by Dialpad, further solidifying his reputation as a serial entrepreneur with a keen eye for market opportunities.

Atomic operates on a distinctive venture studio model, differentiating itself from traditional venture capital firms. Instead of merely investing in external companies, Atomic conceptualizes and builds companies from the ground up. They identify market needs, develop initial ideas, recruit experienced CEOs and founding teams, and provide the foundational capital, operational support, and shared resources necessary to launch and scale these new ventures. This approach aims to de-risk the startup process by embedding operational expertise and leveraging a centralized infrastructure, allowing portfolio companies to focus intensely on product development and market fit.

Under Abraham's leadership, Atomic has launched several high-profile companies across diverse sectors, including healthcare, fintech, and consumer technology. One of their most notable successes is Hims & Hers, a telehealth platform that went public via SPAC, achieving a valuation of over $1.6 billion at the time of its merger. Other successful ventures include Bungalow, a co-living platform, and OpenStore, an e-commerce aggregator. Atomic typically provides initial capital ranging from $1 million to $5 million for each company they launch, serving as the critical seed funding to get these internal startups off the ground before they seek larger external funding rounds.

Atomic has demonstrated significant fundraising prowess, having secured substantial capital commitments from limited partners. For instance, the firm announced the close of Atomic IV, its fourth fund, with $320 million in capital commitments in 2021. This robust financial backing enables Abraham and his team to continuously incubate and scale new companies, reinforcing Atomic's position as a prolific builder of innovative businesses. His strategic vision and the studio's efficient model continue to shape the future of company creation, making Jack Abraham a key influencer in the startup ecosystem.