AptDeco

AptDeco

Online marketplace for pre-owned furniture

About AptDeco

Simplify's Rating
Why AptDeco is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

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

Overview

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.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for sustainable products boosts AptDeco's market potential.
  • Remote work trends increase demand for home office furniture on AptDeco.
  • Integration with uShip enhances delivery efficiency and customer satisfaction.

What critics are saying

  • Increased competition may dilute AptDeco's market share.
  • Rising logistics costs could impact AptDeco's profitability.
  • Potential regulatory changes may impose additional compliance costs on AptDeco.

What makes AptDeco unique

  • AptDeco offers a complete end-to-end furniture buying and selling process.
  • The platform emphasizes sustainability, appealing to environmentally conscious consumers.
  • AptDeco integrates with uShip for efficient nationwide delivery services.

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Funding

Total Funding

$2.5M

Below

Industry Average

Funded Over

3 Rounds

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

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

0%
Intelligence360
Mar 28th, 2023
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. 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

Business Wire
Mar 1st, 2023
uShip Announces Five New In-Home Delivery Partners | Business Wire

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.

TechCrunch
Aug 27th, 2020
Black founders can get tactical advice at Disrupt

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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