Floyd designs and sells furniture products including a novel table leg, a second Kickstarter product, and the Floyd Table, all manufactured in cities around the Great Lakes. The company launched Kickstarter campaigns in 2014 and 2015 that raised $256k from 1,395 backers and $123k, respectively. Floyd is focused on creating longer‑lasting furniture and improving the furniture ownership experience. The recent $5.6M Series A will fund product expansion — including a planned side table slated for 2018 — and broader operations. The company has been based in Detroit for five years and is relocating from Corktown to a 3,500 sq ft headquarters in the Eastern Market to accommodate additional staff. CEO Kyle Hoff says the investors in this round believe in their mission to change the culture of consuming and disposing of furniture.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2018