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Joymode

430 W 12th St, Los Angeles, CA, 90015, United States

Overview

Joymode, led by CEO Joe Fernandez, provides members with access to thousands of hand-picked products assembled into curated offline-experience packages (examples include camping kits, karaoke parties and overnight-guest kits). Members can book same-day, for a coming week or weekend, or up to three months in advance. New products and experiences are added weekly and some packages are curated by the company or external curators. The company closed a $14.4M Series A and plans to use the capital to grow its team and expand the range of experiences available to members. Joymode operates from Los Angeles, CA and focuses on enabling convenient short-term access to products people need but don’t own. Joymode packages and rents complete experience kits (e.g., Backyard Movie Night, Let’s Go Camping, Get Your Grill On) rather than individual items, and it handles delivery and pickup. The company owns its inventory and supplements rentals with a mobile app offering GIF/video instructions and real-time chat support, plus curator tips and inspiration. Memberships cost $99 per year (or a one-time guest pass), and Joymode also offers utilitarian rentals like cleaning supplies and overnight kits. The service is currently available by invite only in Los Angeles, and the initial participants have made around 2,000 reservations, which the company says would have otherwise amounted to about $1 million in purchased equipment. Joymode says the average reservation is placed about eight days in advance and that its investors are comfortable with a measured pace of expansion to additional cities. The company was founded by Joe Fernandez, Waynn Lue and Keith Walker.

Total raised
$17M
Funding rounds
2
Latest round
Series A
Latest activity
Feb 2018

Industries

  • Outdoors
  • Peer to Peer
  • Rental
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Recent funding

  1. Series A

    Feb 2018

    $14M

  2. Equity

    Oct 2016

    $3M

Team