Oliver Space provides a fully circular consumer furnishing experience that lets users buy new or refurbished furniture, schedule delivery in as soon as three days, and trade items in for credit with free pickup. Returned items are meticulously cleaned and repaired by Oliver technicians before being resold at a 20–50% discount. All deliveries and pickups include expert assembly and disassembly. The company is led by CEO Chan Park and is based in San Francisco, servicing Los Angeles, Seattle, San Diego, Austin, and Dallas. Oliver Space raised $36M in funding and intends to use the proceeds to expand operations and broaden its business reach. Oliver Space is a home furnishing tech company that offers a flexible payment structure enabling customers to try before they buy at 0% interest, build ownership in furniture, or exchange pieces over time. The company operates in San Francisco and serves customers in Los Angeles, Seattle, San Diego, Austin, and Dallas. Led by CEO and co-founder Chan Park, Oliver Space emphasizes a customer-first rental-to-own and exchange model for home furnishings. The company plans to use new funding to invest in logistics infrastructure, expand its technology team, and increase marketing capabilities. Financially, the firm has raised a total of $21M in equity to date and has secured an additional $16M in debt financing. The recent capital raise strengthens its ability to scale operations and product availability across its served markets. Oliver Space is a San Francisco–based furniture rental startup that rents fully furnished rooms with a focus on speed, convenience, and reducing furniture waste. The company offers white‑glove delivery and is rolling out digital design services including a collaborative Room Builder, shareable mood-board templates, and complimentary design consultations guided by a style quiz. Oliver Space has moved to exclusively private‑label furniture manufactured in the same factories as retail brands like Article and West Elm to improve value and meet California environmental and safety requirements. The business says pandemic-driven shifts drove a 400% increase in demand between March and August 2020 and that a two‑week Los Angeles beta grew twice as fast as the Bay Area launch period. To support product development and geographic expansion, the company has raised additional capital bringing its total funding to $12M. The funding is being used to support the Los Angeles launch, make production more efficient, and expand its digital and design capabilities. Oliver Space offers a furniture-as-service product that outfits apartments with design-led furnishings customers can rent monthly or yearly, plus curated mood boards to simplify interior decisions. The company also produces Oliver Space–branded pieces via dozens of manufacturers in China and elsewhere, with a focus on fast assembly and disassembly. Customers can rent long-term at lower rates and apply prior rental payments as down payments if they choose to buy items at retail price. Oliver Space plans to inspect, clean and repair returned pieces and develop a certified pre-owned channel as the business scales. The service is available in the Bay Area and the company employs roughly a dozen people. Financially, Oliver Space has attracted $6.8 million in seed funding to support growth and expansion beyond its initial market.

Total raised

$56M

Funding rounds

4

Latest round

Equity

Latest activity

Aug 2022