The Venture Codex Logo

The Venture Codex

Wayfair

4 Copley Place, 7th Floor, Boston, Massachusetts, 02116, United States

Overview

Wayfair is an online retailer offering a large selection of home furnishings and decor across multiple brands. The company lists more than seven million home items from 12,000 brands through its family of sites, including Wayfair.com, AllModern.com, Joss & Main and DwellStudio. Led by CEO and co-founder Niraj Shah, Wayfair employs more than 1,600 people across eight global locations (Boston, New York, Ogden, Hebron, Galway, London, Berlin and Sydney). The company raised $157M in Series B equity financing. It intends to use the funds to grow its portfolio of home brands. The business is focused on expanding its brand offerings and online destinations for home goods. CSN Stores operates an online retail business focused on housewares and home furnishings across a family of brands. The company plans to concentrate its brand portfolio on Wayfair.com, AllModern.com, and JossandMain.com. It is preparing to launch Wayfair.com later this summer, consolidating Cookware.com, Luggage.com, and Strollers.com into a single site. CSN serves customers in the U.S., Canada, the U.K., and Germany. At the time of the article the company employed 800 people and planned to reach 1,000 by the end of the year. Management intends to use new capital to fund international and U.S. expansion, pursue acquisitions, and expand marketing.

Total raised
$322M
Funding rounds
2
Latest round
Series B
Latest activity
Mar 2014

Industries

  • Consumer Goods
  • E-Commerce
  • Furniture
  • Home Decor
  • Retail
Visit website

Recent funding

  1. Series B

    Mar 2014

    $157M

  2. Equity

    Jun 2011

    $165M

Team

No current team members are available.