Floyd
Latest round
- Series B
Last raised
- Apr 2021
Total raised
- $5.6M
Investors
- 6
About Floyd
Floyd, Inc.Founded in 2013 in Detroit, US, Floyd, Inc. specializes in modular furniture. The company was co-founded by Alex O'Dell, Kyle Hoff, and Vaibhav Bafna.Floyd Home specializes in modular furniture systems designed for adaptability and longevity, providing consumers with customizable living solutions. Their core offerings include a range of products such as beds, sectionals, chairs, and accessories that can be tailored to meet individual needs and preferences. The furniture is engineered to expand and evolve with the user, promoting a sustainable approach to home furnishings by allowing for configuration changes over time. Targeted primarily toward design-conscious consumers, interior designers, architects, and trade professionals, Floyd Home's products address the challenge of limited space and changing lifestyle needs.Floyd Home generates revenue through direct sales of its furniture products, as well as through its Floyd Member Program, which offers a subscription-based model providing members with a 20% discount sitewide and free shipping on additional purchases. The company structures its transactions primarily in a B2C format, allowing customers to shop for furniture online directly through their website. Pricing is set to reflect the premium nature of their products, including flagship items such as The Floyd Bed and various modular sectional sofas.In April 2021, Floyd, Inc. Floyd aims to launch new products designed for better user adaptability and intends to explore opportunities in additional markets in North America and Europe over the next few years.
Who invested in Floyd
6 investors across 2 rounds
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Questions about Floyd
Who invested in Floyd?
Floyd has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Floyd raised?
Floyd has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Floyd last raise money?
Floyd's most recent round on record is a Series B, in Apr 2021.
What does Floyd do?
Floyd is a consumer products company.
Where is Floyd headquartered?
Floyd is headquartered in Detroit, US.
Which VCs invest in companies like Floyd?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Floyd's stage. Their profiles are linked below.
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