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About Feather
Industries
Social Impact
Consumer Goods
Company Size
11-50
Company Stage
Series B
Total Funding
$61.2M
Headquarters
New York City, New York
Founded
2017
Overview
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.
Simplify's Take
What believers are saying
- Feather's acquisition by Vesta could expand its customer base and resources.
- Collaboration with WeWork positions Feather for growth in flexible office solutions.
- Rising demand for sustainable living solutions aligns with Feather's business model.
What critics are saying
- Increased competition from luxury rental companies like Vesta may dilute Feather's market share.
- Integration into Showroom may conflict with Feather's sustainability and affordability focus.
- Expansion into expat insurance could 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 free delivery and assembly within a week for convenience.
- Feather's subscription model allows flexibility in adding, swapping, or returning furniture.
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Funding
Total Funding
$61.2M
Above
Industry Average
Funded Over
4 Rounds
SV Angel
Kleiner Perkins
Y Combinator
New Enterprise AssociatesIndustry standards
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
Company News
German startup Feather has raised €6 million to expand its insurance platform for expats across Europe. The company aims to simplify the fragmented insurance market by offering tailored recommendations for health, life, pet, automotive, and personal liability insurance. The funding round saw participation from notable investors, including former founders of GoCardless, Monzo, N26, and Wise co-founder Taavet Hinrikus. Lead investor Keen Venture Partners approached Feather, highlighting the platform's appeal to expats.
Fernish in 2019 announced a partnership with Alliance Residential in which consumers could see what the company's products would look like in spaces they may actually live in.
Fernish and Feather were acquired by Vesta, a luxury design studio that offers furnished rentals, home staging, interior design services and custom furniture manufacturing, which is also under the Showroom umbrella.
Vesta, known for its work shown on Million Dollar Listing and other real estate reality shows, is aiming to broaden its reach by adding the Feather and Fernish companies.
In 2020, Feather, a rental furniture company based in the U.S., obtained $30 million in Series B financing from Credit Suisse Group AG, a move aimed at expanding its product and service offerings on a global scale.
There are no jobs for Feather right now.
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About Feather
Industries
Social Impact
Consumer Goods
Company Size
11-50
Company Stage
Series B
Total Funding
$61.2M
Headquarters
New York City, New York
Founded
2017
There are no jobs for Feather right now.
Find jobs on Simplify and start your career today