Branch
147 W 26th St, 3rd Floor, New York, 10001, United States
Overview
Branch, founded in 2019, sells ergonomic chairs, standing desks, workstations, conference furniture and space division products direct to customers with chair prices typically $250–$400 and desks $500–$1,000. The company pivoted from enterprise to home-office products during the pandemic, which drove rapid growth (600% in 2020, then fourfold growth in 2021) and helped it build a run rate up to the mid‑eight figures on earlier capital. More recently Branch has seen enterprise revenue grow 500% over the last three quarters, with a sweet spot in companies of 20–200 employees and additional demand from property landlords. The business is investing the new capital in product development, R&D, hiring (design, marketing, sales, operations) and building technology around furniture, including consumer ergonomics and an improved app as well as enterprise tools for office managers. The team was under 20 people prior to the raise, and the company is also exploring a brick‑and‑mortar store later in the year. Leadership emphasizes design-driven branding and aims to expand product lines now that many workers are returning to offices. Branch was founded to make it easy for teams of all sizes to create an office they love. The company sells office furniture direct to customers, which it says lowers collection costs to about half that of comparable premium furniture. Branch offers end-to-end services such as space planning, delivery, and white-glove installation. It also provides the ability to trade in used furniture when customers move or grow. The product and service offering targets teams and businesses seeking turnkey office solutions. Branch is based in New York.
- Total raised
- $12M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Apr 2022
Industries
- E-Commerce
- Furniture
- Marketplace
- Retail
Recent funding
Series A
Apr 2022
$10M
Seed
Nov 2019
$2M