Feather

Feather

Furniture rental service with subscription model

About

Feather provides furniture rental services aimed at urban residents and businesses looking for flexible and sustainable furnishing options. Customers can choose from a carefully selected range of high-quality furniture to rent, which allows them to furnish their spaces without the long-term commitment of buying. The rental process operates on a subscription model, where customers pay monthly fees for the furniture they use. Feather stands out from competitors by offering additional services such as delivery, assembly, and pickup, making the process convenient for users. The company's goal is to promote a sharing economy that reduces waste and encourages a more sustainable lifestyle.

Company Stage

Series B

Employees

11-50

Industries

Social Impact, Consumer Goods

Total Funding

$61.2M

Headquarters

New York City, New York

Founded

2017


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Simplify's Take

What believers are saying

  • Feather's market potential is strong, with the furniture rental market projected to hit $12 billion by 2033.
  • The trend towards sustainable living aligns with Feather's eco-friendly business model.
  • Partnerships with co-working spaces enhance Feather's visibility and customer base.

What critics are saying

  • Increased competition from luxury rental companies like Vesta could dilute Feather's market share.
  • Strategic shifts post-acquisition by Vesta may conflict with Feather's sustainability focus.
  • Expansion into expat insurance may divert resources from Feather's core furniture rental business.

What makes Feather unique

  • Feather offers a circular economy model, reducing furniture waste significantly.
  • The company provides a subscription-based service with flexible rental options for urban dwellers.
  • Feather collaborates with WeWork, offering innovative tools like the Office Builder.

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Benefits

An innovative and collaborative culture

Fully remote role

Competitive compensation

Health, vision, dental, and life insurance

401(k) program

Flexible vacation, paid time off, and generous parental leave

Free mental health & professional development coaching

Monthly stipend to support your work-from-home needs

A paid subscription to OneMedical

A 50% discount on your own Feather subscription

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