Wednesday, May 15, 2019

Feather Launches Furniture Subscriptions In LA, OC

Feather, an online, furniture rental service which lets people subscribe to gain access to fashionable furniture, said on Tuesday that is expanding its service to Los Angeles and Orange County. The New York-based startup offers up furniture from retailer West Elm, which lets them rent tables, lamps, sofas, love seats, and more--and lets them also return and swap those products anytime they like. The subscription service charges monthly charges for each piece of furniture--for example, offering up a fashionable mid-century modern chair for $7 a month--and says each of those monthly payments go to towards buyout of an item. Feather said it will begin delivering its furniture products in LA and OC on May 20th. Feather is venture backed by Spark Capital, Kleiner Perkins, Bain Capital Ventures, Y Combinator, PJC, Fuel Capital, as well as angels; the company just raised a $12M funding round this week to fund its expansion.