# Dering Hall

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dering-hall

- Industry: Internet
- Headquarters: New York, US
- Website: www.deringhall.com
- Total disclosed funding: $3.9M
- Latest round: Series A (Feb 4, 2015)
- Investors on record: 3

## About

Dering Hall, Inc. operates as an online platform dedicated to the design and sale of luxury home furnishings and decor, connecting discerning consumers with high-quality products and professional designers.Founded in 2011 and headquartered in New York, US, Dering Hall, Inc. serves as a marketplace for high-end home furnishings and decor. The company has completed four deals, with the most recent significant funding round occurring in June 2018, raising USD 0.67 million. The CEO of the company is Alan Blaustein, and the founder, Peter Sallick, has been involved in the interior design sector prior to establishing Dering Hall.Dering Hall specializes in an online marketplace for luxury home furnishings, connecting customers with a curated selection of high-quality furniture, lighting, and decor. The company focuses on providing a diverse range of products, ensuring that customers have access to unique and stylish options sourced from designers and artisans across the globe.Dering Hall generates revenue through transactions conducted on its platform, where buyers purchase luxury home furnishings directly from sellers. The company employs a commission-based model, earning a percentage from each transaction. This approach supports both individual sellers and small businesses, while also catering to the needs of upscale consumers.The company plans to enhance its product offerings and expand its market presence. The recent funding of USD 0.67 million raised in June 2018 will be allocated towards developing new lines of luxury furnishings and exploring additional geographic markets. Specific regions targeted for expansion include urban centers in the US, with initiatives planned for launch by 2020.

## Funding rounds

- Series A, Feb 4, 2015, $2.5M — Softbank Capital, Hearst Communications, Inc., Lerer Hippeau Ventures
- Seed, May 30, 2013, $1.4M — Softbank Capital, Hearst Communications, Inc., Lerer Hippeau Ventures

## Investors

- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Seed, Series A
- Hearst Communications, Inc. — Seed, Series A
- Lerer Hippeau Ventures — Seed, Series A