August 12, 2014, 11:02 AM

Online used furniture marketplace Chairish raises $4 million

The marketplace has raised more than $7 million since its founding last year.

Lead Photo

Online used furniture marketplace Chairish Inc. has raised $4 million in a Series A funding round led by Azure Capital and O’Reilly Alpha Tech Ventures.

A number of private equity executives also participated, including David Bonderman, founder of TPG Capital; Karl Peterson, the co-founder of Hotwire and TPG partner; and Spencer Rascoff, CEO of real estate web site Zillow and a Hotwire co-founder.

The San Francisco-based marketplace features used items for sale on consignment. It shares up to 80% of an item’s sale price with the consignor.

“We aim to change how people think about decorating their home, because a home with style doesn’t have to cost a fortune,” says Chairish co-founder and chairman Gregg Brockway.

The marketplace has raised more than $7 million since its founding last year.

Chairish competes with another online used furniture marketplace, Move Loot, which raised $2.8 million in a seed round of funding earlier this year.

comments powered by Disqus

Advertisement

Advertisement

Get a Free Subscription to IR

Advertisement

From IR Blogs

FPO

Ken Westin / E-Commerce

Cybersecurity: Understand the risks and plug the holes

Criminals know how to exploit Internet vulnerabilities to penetrate retailers' networks. Here are some insights ...

FPO

Miroslav Zubachevsky / E-Commerce

Don’t write off Russia

Despite the political conflict in the Ukraine, there remain big opportunities for Western brands to ...

Advertisement