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Fernish

Fernish

Premium furniture rental with flexible options

About

Fernish offers a furniture rental service that allows customers to rent stylish and high-quality furniture on a monthly subscription basis. This service is designed for urban professionals, young families, and anyone who prefers not to buy furniture outright. Customers benefit from free delivery and assembly within a week, making the process convenient and time-saving. Once the furniture is delivered, clients can choose to keep, return, or swap their items, providing flexibility that aligns with modern lifestyles. Fernish generates revenue through subscription fees starting at $75 per month, and also offers a rent-to-own option for customers who decide to keep the furniture. This customer-focused approach, along with the unique flexibility in payment options, sets Fernish apart from its competitors in the furniture rental market.

Company Stage

M&A

Employees

11-50

Industries

Real Estate, Consumer Goods

Total Funding

$61.3M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Fernish's recent acquisition by Vesta could provide significant resources and market reach, enhancing growth opportunities.
  • The partnership with Renovai to develop an AI-based interior designer could revolutionize customer experience and drive higher engagement.
  • Raising $17.5M in new equity investment indicates strong investor confidence and potential for aggressive expansion and product development.

What critics are saying

  • Integration challenges with Vesta and Feather could lead to operational disruptions and affect service quality.
  • The competitive landscape in the furniture rental market is intensifying, which could pressure Fernish to continuously innovate to maintain its edge.

What makes Fernish unique

  • Fernish offers a unique rent-to-own option, providing customers with flexibility that traditional furniture rental services lack.
  • The company's focus on urban professionals and young families allows it to target a niche market that values convenience and flexibility.
  • Free delivery and assembly within a week sets Fernish apart from competitors who may charge extra for these services.

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Growth & Insights
Headcount

6 month growth

-42%

1 year growth

-42%

2 year growth

-42%

Benefits

Top-tier health, dental, and vision plans (company covers 75% cost for employees and 65% cost for dependents).

Remote work options

Unlimited PTO plan, with encouragement for everyone to relax, refresh and recharge

12 weeks paid parental leave

Fun work environment and team culture

50% off any furniture and décor through Fernish, after all, that's what we do!

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