Chairish

Chairish is a curated online marketplace for high-end vintage home furnishings. Chairish accepts furniture and decor with a minimum listing price of $25. Listing items is free, and the seller keeps up to 80 percent of the final sale.[1][2]

Chairish
TypePrivately held company
IndustryConsignment, Online marketplace
Founded2013
FounderAnna Brockway, Gregg Brockway, Andrew Denmark, Eric Grosse
Headquarters,
United States Edit this on Wikidata
Area served
United States
Productspre-owned home furnishings
Websitewww.chairish.com

History

The company was founded by former fashion marketing executive Anna Brockway and travel industry executives Gregg Brockway (co-founder at Hotwire and TripIt, Andrew Denmark (co-founder at TripIt) and Eric Grosse (co-founder at Hotwire) in March 2013.[3] According to the founders, sustainability is a top priority among most consumers, and millennials believe the resale market plays a big role in sustainability.[4]  In 2018, the company ranked No. 388 on the Inc. 500 list of fastest growing companies.[5] In January 2019, Chairish announced the acquisition of New York-based Dering Hall, an "online discovery platform" for contemporary furniture brands and interior designers.[6] In 2021, the company acquired Pamono, a major European marketplace.[1] The company was named to Newsweek’s Best Online Shops list in 2020 and 2022.[7]

Funding

The company raised a $3.2 million round of funding in July, 2013,[8] $4 million in August 2014[9] and $6.5 million in June 2015, primarily from O'Reilly AlphaTech Ventures (OATV) and Azure Capital Partners. In March 2017, the company announced a new round of $8.5 million led by Altos Ventures with support from return investors OATV and Azure Capital Partners.[10] In 2020, Chairish announced a round of Series B funding of $33 million led by Austin, Texas–based firm Tritium Partners.[11]

Technology

On March 9, 2017, the company launched an in-app augmented reality feature, designed to allow buyers visualize items in the context of their own home.[12] Subsequently, the Chairish app was named a 2017 Webby Honoree in the Mobile Site & Apps Category for Shopping.[13]

References

  1. "Chairish Acquires Pamono, Joining American and European Vintage Marketplace Powerhouses". Architectural Digest. 2021-08-03. Retrieved 2022-08-22.
  2. "Buyer Guide - Vintage & Used Furniture and Decor | Chairish". Chairish. Retrieved 2017-05-19.
  3. "TripIt Founders Launch Chairish, A Consignment Marketplace To Sell Pre-Owned Home Furniture", TechCrunch, February 27, 2013.
  4. Reynolds, Emma. "Millennials Are Choosing Vintage Furniture Over Fast Furniture In The Name Of Sustainability". Forbes. Retrieved 2022-08-22.
  5. McEvoy, Jemima (2018-09-26). "These Are the 27 Coolest Products of 2018". Inc.com. Retrieved 2022-08-22.
  6. "Leading Online Home Furnishings Platform, Chairish Inc. Acquires Dering Hall". StreetInsider.com. Retrieved 2019-03-08.
  7. Newsweek (2021-10-14). "Best Online Shops 2022". Newsweek. Retrieved 2022-08-22.
  8. "Chairish raises $3.2 million in seed funding" "FinSMEs" July 18, 2013.
  9. Taylor, Colleen. "Vintage Home Decor Marketplace Chairish Collects $4M In Series A Funding". TechCrunch. Retrieved 2015-10-08.
  10. Roof, Katie. "Chairish raises $8 million to find you furniture". TechCrunch. Retrieved 2017-05-19.
  11. "Chairish nets $33 million in Series B funding". businessofhome.com. 2020-09-10. Retrieved 2022-04-14.
  12. "You Can Now See How That Vintage Piece Looks In Your Home Before You Buy". Apartment Therapy. Retrieved 2017-05-19.
  13. "Chairish | The Webby Awards". Retrieved 2017-05-19.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.