AptDeco

AptDeco

Online marketplace for pre-owned furniture

Overview

AptDeco is an online marketplace for buying and selling pre-owned furniture. Buyers browse a curated catalog of brands like IKEA, West Elm, and Pottery Barn, use filters to find pieces within their budget, and request to purchase through the platform; sellers list items and AptDeco earns a commission while offering premium listings, with logistics and customer support handled to facilitate transactions. It distinguishes itself from traditional classifieds by combining a curated catalog, brand filters, secure buying, and built-in logistics for a reliable, convenient experience focused on sustainability. Its goal is to promote sustainability in the furniture market by making it easy to buy and sell high-quality pre-loved pieces, reducing waste and extending furniture life while growing a trusted marketplace for buyers and sellers.

YC Company

About AptDeco

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

Industries

Consumer Software

Social Impact

Consumer Goods

Company Size

11-50

Company Stage

Debt Financing

Total Funding

$9.8M

Headquarters

New York City, New York

Founded

2014

Your Connections

People at AptDeco who can refer or advise you

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Simplify's Take

What believers are saying

  • $7M debt financing under CEO Reham Fagiri fuels nationwide expansion.
  • uShip API integration scales delivery beyond Northeast and West Coast.
  • Items sell in 10 days average, boosting seller retention nationwide.

What critics are saying

  • 19-38% commissions push sellers to eBay's 10% fees, eroding volume.
  • $7M debt burdens thin margins, causing insolvency in slowdowns.
  • Chairish undercuts with better curation, poaching West Elm listings.

What makes AptDeco unique

  • AptDeco provides end-to-end logistics with white-glove pickup, delivery, and assembly.
  • Curated listings from brands like IKEA, West Elm, and Pottery Barn ensure quality.
  • Secure payments and verified community enhance safe pre-owned furniture transactions.

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Funding

Total Funding

$9.8M

Above

Industry Average

Funded Over

4 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

-3%

1 year growth

0%

2 year growth

-5%
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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