Fernish
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 1.4m | 3.3m | 4.1m | 5.0m | 10.1m | 10.1m |
% growth | - | 137 % | 24 % | 22 % | 102 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | Seed | ||
$30.0m | Series A | ||
N/A | Series A | ||
$15.0m | Series A | ||
$13.7m | Series B | ||
* | N/A | $17.5m | Late VC |
* | N/A | Acquisition | |
Total Funding | €69.3m |
Related Content
Recent News about Fernish
EditFernish is a startup that offers premium furniture rentals with a unique twist. The company operates in the home furnishings market, targeting individuals who seek flexibility and convenience in furnishing their living spaces. Fernish primarily serves urban professionals, young families, and anyone who prefers not to commit to purchasing furniture outright.
The business model is straightforward yet innovative. Customers can rent stylish and high-quality furniture on a monthly subscription basis. The key selling points include free delivery and assembly within a week, which adds significant value by saving customers time and effort. Once the furniture is delivered, clients have the flexibility to decide whether they want to keep, return, or swap their pieces. This model caters to a modern lifestyle where flexibility and convenience are highly valued.
Fernish makes money through its subscription fees. Customers pay a monthly fee starting at $75, which covers the rental of the furniture. Additionally, if a customer decides to keep the furniture, Fernish offers a rent-to-own option, providing another revenue stream. This flexibility in payment options makes it easier for customers to manage their finances while enjoying premium furniture.
In summary, Fernish is revolutionizing the furniture rental market by offering a flexible, convenient, and premium service. The company stands out with its customer-centric approach, free delivery and assembly, and the option to rent, rent-to-own, or buy furniture.
Keywords: premium furniture, rental service, subscription model, free delivery, free assembly, flexible options, urban professionals, rent-to-own, home furnishings, convenience.