Feather offers furniture and home decor rental that lets customers access curated pieces without the upfront cost or commitment of traditional retail. Customers can rent items starting at $19/month from a selection of 350+ pieces, with free delivery and assembly within a week. The company currently serves New York City, San Francisco, Los Angeles and Orange County. Feather was launched in 2017 by CEO Jay Reno and is based in New York, NY. The company intends to use new capital to continue expanding operations and enter new markets. To date the firm has raised equity and debt financing totaling $76M. Feather operates a furniture subscription rental service sourcing pieces from West Elm, allowing subscribers to rent, add, swap, buy, or return furniture for a monthly fee. The company provides free delivery and assembly using its own logistics system. Feather evolved into a rent-to-own model after launching in New York in 2017 and was founded by Jay Reno. It says it has thousands of customers in New York and San Francisco and is expanding deliveries to Los Angeles and Orange County beginning May 20. The service positions itself as reducing environmental impact by preventing fast furniture from filling landfills. Feather plans to use new funding to increase headcount and invest in reverse logistics. Feather is a furniture rental company that serves millennials and businesses with rented home and office furnishings. The company is based in Brooklyn and emerged from Y Combinator’s Summer 2017 batch. The article describes its core business as furniture rental but does not detail specific product offerings or service features. Feather recently raised $3.5 million in a financing led by Bain Capital Ventures and Kleiner Perkins Caufield and Byers. Other backers in the deal included SV Angel, New Enterprise Associates, Leah Busque’s Fuel Capital, PJC, Novel TMT Ventures, Blue Seed Collective, Liquid 2 Ventures and FundersClub. No revenue, user metrics, valuation, or future plans were disclosed in the article.

Total raised

$46M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Aug 2020