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Industries
Consumer Software
Consumer Goods
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$2.5M
Headquarters
New York City, New York
Founded
2014
AptDeco operates an online marketplace for buying and selling pre-owned furniture, catering to consumers who prioritize sustainability and unique home furnishings. The platform allows users to list their furniture for sale and enables buyers to browse a curated selection from popular brands like IKEA and West Elm. Users can filter items by brand and price, making it easy to find what they need. AptDeco earns revenue by charging a commission on each sale, which covers transaction costs, and may also offer premium listing services for sellers seeking greater visibility. Unlike traditional classified ads, AptDeco provides a secure and convenient alternative, appealing to the growing market of environmentally conscious consumers. The company's goal is to promote sustainability in furniture shopping while offering a user-friendly experience.
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Total Funding
$2.5M
Below
Industry Average
Funded Over
3 Rounds
AptDeco has filed a notice of an exempt offering of securities to raise $7,000,000.00 in New Debt Financing. AptDeco has filed a notice of an exempt offering of securities to raise $7,000,000.00 in New Debt Financing.According to filings with the U.S. Securities and Exchange Commission, AptDeco is raising $7,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Reham Fagiri played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.About AptDecoFounded in 2014, AptDeco is an online furniture resale marketplace that makes the buying and selling of used furniture easy, affordable, and accessible. After frustrating and uncomfortable experiences buying and selling furniture on other platforms, co-founders Reham Fagiri and Kalam Dennis set out to create a platform in which everyday decorators could re-home furniture in a safe and convenient environment. AptDeco offers pickup, assembly, delivery, payment, scheduling and logistics, all carried out by a highly-trained Delivery Team
Nationwide Expansion AptDeco has integrated with uShip’s pricing, booking, and tracking APIs to quickly accelerate and scale its furniture marketplace to a nationwide buying audience, beyond its Northeast and West Coast origins.
In the aftermath of George Floyd’s death and widespread protests for racial justice, a number of venture capitalists made public statements about wanting to improve diversity in the tech industry — and more specifically to fund more diverse founders. Their comments are certainly worth applauding, but actual change is a lot harder. And if it […]
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Industries
Consumer Software
Consumer Goods
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$2.5M
Headquarters
New York City, New York
Founded
2014
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