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Online Furniture Marketplace Kaiyo Raises $5 Million To Fuel Us Growth

May 17, 2021•about 4 years ago

Amount Raised

$5 Million

Description

Kaiyo, a full-service marketplace for gently-used furniture committed to great design, exceptional customer care, and a more sustainable planet, today announced that it has raised $5M in funding led by Moderne Ventures, with full participation from Lerer Hippeau and Max Ventures. The capital injection will be used to continue the brand's domestic growth beginning with Washington D.C., and to create impactful relationships within the Northeast's real estate market.

Company Information

Company

Kaiyo

About

Kaiyo is an online furniture marketplace dedicated to great design, exceptional customer care, and a more sustainable planet. Kaiyo makes buying and selling furniture simple and sustainable by providing deep discounts on top brands to its buyers and by handling the moving, pickup, photography, cleaning, and delivery for its sellers. Kaiyo currently serves and provides white-glove delivery to the New York, Philadelphia, Baltimore, and Washington D.C. metropolitan areas, and offers nationwide delivery. The company is backed by Edison Partners, Moderne Ventures, Lerer Hippeau, Correlation Ventures, and Max Ventures.