HipVan is an online furniture store that offers a wide range of home furnishing items and runs weekly flash sales to surface new brands and products. The company lists about 20,000 SKUs and receives more than 150,000 monthly visitors. Orders have grown 370% year‑on‑year; 40% of orders come from mobile devices and mobile accounts for 60% of site traffic. HipVan has about 60 staff and this year began selling products under its own brand to offer higher-quality items at lower prices. The company was founded in January 2013 and has refined its selection by converting successful flash-sale items into permanent listings based on sales and customer feedback. Management declined to provide detailed financials but estimates Singapore’s home‑furnishing market at roughly $2.1 billion annually and signaled likely regional expansion over time.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2015