One Kings Lane

One Kings Lane is a luxury home decor business that operates a furniture and home accessories sales website. It was founded by Ali Pincus and Susan Feldman in March 2009.[1][2] The company was valued at $912 million in 2014.[3] The company has 10 million members and has raised venture capital from Mousse Partners, Kleiner Perkins, and Greylock Partners.[4] Bed Bath & Beyond acquired the business in 2016.[5] The company joined the CSC Generation family of brands in 2020. The company is led by Waqaas Afzal.[6]

On April 23, 2023, Bed Bath & Beyond, One Kings Lane's former parent company, filed for Chapter 11 bankruptcy protection.[7] However, despite it already being sold to a new owner a little over three years ago, One Kings Lane was one of the affiliates listed in the Chapter 11 filing.[8]

References
  1. "One Kings Lane delivers design, business smarts", San Francisco Chronicle, August 9, 2009.
  2. Rao, Leena (January 30, 2014). "One Kings Lane Raises $112M At A $912M Valuation In A Quest To Dominate Home Goods Online". Tech Crunch.
  3. McBride, Sarah (January 30, 2014). "One Kings Lane raises $112 million; online company's value nears $1 billion". Reuters.
  4. Roof, Katie (January 30, 2014). "One Kings Lane Raises $112M At $912M Valuation". Forbes.
  5. "Bed Bath and Beyond Acquires One Kings Lane". Multichannel Merchant. 2016-06-15. Retrieved 2021-10-01.
  6. "Working at One Kings Lane". Glassdoor. Retrieved 2021-10-01.
  7. Fonrouge, Gabrielle (23 April 2023). "Bed Bath & Beyond files for bankruptcy protection after failed turnaround efforts". CNBC. Retrieved 23 April 2023.
  8. "One Kings Lane LLC Files For Bankruptcy". BKData. April 23, 2023. Retrieved May 5, 2023.


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