Overview

Feather provides furniture rental services aimed at urban residents and businesses looking for flexible furnishing options. Customers can choose from a curated selection 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 select. 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 sustainability by reducing waste through a sharing economy model, encouraging a more eco-friendly lifestyle.

Simplify's Take

What believers are saying

• Feather's acquisition by Vesta provides access to a broader customer base and resources.
• Significant venture capital funding supports Feather's innovation and service expansion efforts.
• The growing demand for sustainable furniture solutions boosts Feather's market potential.

What critics are saying

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

What makes Feather unique

• Feather offers a circular approach to reduce furniture waste and environmental impact.
• The company provides a subscription-based service with flexible rental options for urban dwellers.
• Feather collaborates with WeWork to offer custom office design solutions for flexible workspaces.

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Funding

Total Funding

$92.9M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:

SV AngelKleiner PerkinsY CombinatorNew Enterprise Associates

Notable Investors:

SV AngelKleiner PerkinsY CombinatorNew Enterprise Associates

$17,000,000

Series B

Apr 2021

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$17M

$30M

$45M

$65M

$100M

View all funding stages