Jeremy Segal

Jeremy Segal

Founder/CEO

Proozy

Categories

Year

Description

2021, Builder: As the pandemic has changed how customers shop, Jeremy Segal’s St. Paul-based e-commerce retailer has been reaping the benefits with record sales, up 50 percent from 2019. To keep up with the surge in 2020, Proozy has added 30 employees, increased operations to seven days a week, and launched a new website with improved navigation, real-time customer service chat, curated monthly events, and a laundry list of new brands. In 2021, Segal says Proozy will be adding home and kitchen products, online shopping upgrades, in-person shopping opportunities, a 200,000-square-foot state-of-the-art warehouse, 200 new employees, and its first charity golf tournament. He expects to surpass $120 million in sales.

2019, Overachiever: Jeremy Segal’s business has exploded since he transitioned his company from wholesale to e-commerce in 2015. Revenues doubled from $10 million in 2014 to $20 million in 2017, and this year he projects $35 million. Based in Eagan, Proozy is a daily deals website similar to Groupon. The company sells brand-name golf, fitness, and outdoor apparel and accessories at discounts. This month, Segal will open a retail store and Crossfit gym at Proozy’s new 50,000-square-foot headquarters and grow his team to more than 120 employees. For 2019, he’s focusing on adding private-label brands.