Furnishare

InternetSeries BNew York, USkaiyo.com

Latest round

Series B

Last raised

Mar 2022

Total raised

$33M

Investors

5

About Furnishare

Furnishare, Inc.Founded in 2014 and headquartered in New York, US, Furnishare, Inc. is dedicated to the resale of used furniture. The company was co-founded by Alpay Koralturk, who has a history of entrepreneurship.Furnishare provides a comprehensive suite of services centered on the resale of pre-owned furniture. Their user-friendly online marketplace facilitates the buying and selling of gently used furniture, complemented by logistics support for pickup and delivery, catering to both individual consumers and businesses. The focus is on quality and authenticity, with a rigorous vetting process ensuring trust among users.Furnishare operates on a commission-based revenue model, generating income from sales made through its online platform. Each transaction involves a seller listing their furniture, while Furnishare manages logistics for pickup, storage, and delivery to buyers. This model allows the company to charge a percentage fee on each sale. Additionally, partnerships with retailers and interior designers facilitate B2B transactions, expanding revenue potential. The company aims to expand its product offerings and enhance its platform capabilities. Plans are underway to enter new geographical markets, focusing on urban centers in the US, which will be targeted for expansion by the end of 2023.

Who invested in Furnishare

5 investors across 3 rounds

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Funding rounds

  1. Series B

    Mar 29, 2022

    Amount

    $26M

    Investors

    Locked

  2. Series A

    May 17, 2021

    Amount

    $5M

    Investors

    Locked

  3. Seed

    Feb 1, 2018

    Amount

    $2M

    Investors

    Locked

Questions about Furnishare

Who invested in Furnishare?

Furnishare has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Furnishare raised?

Furnishare has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Furnishare last raise money?

Furnishare's most recent round on record is a Series B, in Mar 2022.

What does Furnishare do?

Furnishare is a internet company.

Where is Furnishare headquartered?

Furnishare is headquartered in New York, US.

Which VCs invest in companies like Furnishare?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Furnishare's stage. Their profiles are linked below.

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