1stDibs

1stDibs

Online marketplace for luxury items

About 1stDibs

Simplify's Rating
Why 1stDibs is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Goods

Company Size

201-500

Company Stage

IPO

Total Funding

$187.7M

Headquarters

New York City, New York

Founded

2000

Overview

1stdibs is an online marketplace that specializes in high-end luxury items, including antique furniture, fine jewelry, vintage fashion, and art. The platform connects buyers with top sellers globally, offering a curated selection of unique pieces. It operates on a commission-based model, allowing sellers to list items without the company holding inventory, and also features an auction option for competitive bidding. 1stdibs aims to provide a premier shopping experience for affluent consumers and collectors, distinguished by its reputation for quality and authenticity.

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Simplify's Take

What believers are saying

  • Increased demand for vintage items aligns with 1stDibs' offerings, boosting sales.
  • Collaborations with designers like Christian Siriano enhance brand visibility and attract customers.
  • The appointment of Everette Taylor may bring fresh strategies to strengthen market position.

What critics are saying

  • AI-driven platforms like Firsthand could challenge 1stDibs' market position.
  • Luxury resale platforms like The RealReal may attract customers with competitive pricing.
  • 1stDibs Auctions may struggle if it fails to differentiate from existing auction platforms.

What makes 1stDibs unique

  • 1stDibs offers a curated selection of luxury and vintage items worldwide.
  • The platform connects high-end buyers with top sellers, ensuring quality and authenticity.
  • 1stDibs' auction feature allows competitive bidding, potentially increasing sales prices.

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Funding

Total Funding

$187.7M

Meets

Industry Average

Funded Over

5 Rounds

Notable Investors:
IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Company Equity

Hybrid Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
Fashion Week Daily
May 17th, 2024
Iris Law for Guess Jeans, Irina and Jon K Reunite, Chanel Goes Bleu With Timothée Chalamet, Plus! Who's In Marc Jacobs New Model Crew?

Christian Siriano's namesake interiors brand, Christian Siriano Interiors, is teaming up with 1stDibs.

PR Newswire
Feb 21st, 2024
Firsthand Emerges From Stealth To Build The Ai Agent Platform For Brands And Publishers

Firsthand's applied generative AI technology allows brands and publishers to easily create and distribute their own AI agents to engage directly with consumers everywhere online – while retaining full control of their data and content.Seed round led by AI fund Radical VenturesNEW YORK, Feb. 21, 2024 /PRNewswire/ -- Firsthand, a company enabling brands and publishers to build and distribute AI agents anywhere their consumers are, emerged from stealth today announcing a Seed round led by AI-focused Radical Ventures. The company's innovative platform empowers brands and publishers to create their own AI agents that are embedded with their own protected knowledge and tasked with and measured by their own goals. These agents can conduct 1:1 personalized conversations and content presentation with consumers in their moment of need, anywhere they're seeking information online. This represents a seismic shift in how companies can control how, when, and where their content appears in front of consumers, onsite and beyond their own digital properties – all powered by intelligent, AI-directed interactions. Firsthand was founded in 2023 by Jonathan Heller, Michael Rubenstein, and Wei Wei, pioneers of digital advertising who built industry-leading platform companies including DoubleClick, AppNexus, and FreeWheel – companies that were built to support an open digital ecosystem.The Rise of AI AgentsUntil recently, there has been no feasible way for brands and publishers to engage in real-time, one-to-one exchanges with consumers on and off their digital properties — where they can fully control how, when, and where their data and content assets are surfaced to consumers

Luxury Daily
Feb 16th, 2024
Bulgari, Tiffany & Co., Cartier among top-selling brands in 2023: 1stDibs

Online design marketplace 1stDibs has released its first-ever Jewelry Trends Report.

Planet MicroCap
Feb 14th, 2024
1stDibs Appoints Everette Taylor to Its Board of Directors

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) - 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products, today announced the appointment of Everette Taylor to its Board of Directors.

PYMNTS
Jan 9th, 2024
Mygemma Ceo: Luxury Resale’S Network Effect Fosters Loyalty, Repeat Business

Luxury resale tends to be dominated by consignment platforms. Sites like The RealReal buy designer clothes, bags and jewelry, and then mark the prices to a level that will move the inventory. Or sellers can list their wares on consignment, ultimately netting a percentage of the final selling price. But, as myGemma CEO Andrew Brown told Karem Webster, there’s a “network” effect to be mined when it comes to designer brands, and in using a platform to buy luxury items directly and sell them directly

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