Kaiyo

Overview
News
Furniture Tech?
Product stageSegments
Early
?
Online furniture marketplace
?

Kaiyo is an online furniture marketplace dedicated to promoting sustainability by facilitating the buying and selling of gently used furniture from popular brands. Founded in 2014 by Alpay Koralturk, Kaiyo's mission is to make high-quality furniture accessible to everyone while minimizing the environmental impact of the furniture industry.

Kaiyo offers a full-service platform that simplifies the process of buying and selling pre-owned furniture. For sellers, Kaiyo provides free pickup, professional cleaning, photography, and secure storage services. Sellers can either opt for an instant cash offer or earn a revenue share based on the final sale price. For buyers, Kaiyo offers deeply discounted prices on top brands like West Elm, Restoration Hardware, and Design Within Reach, with the added convenience of white-glove delivery within a matter of days.

By extending the lifespan of furniture and diverting it from landfills, Kaiyo has kept over 4 million pounds of furniture waste out of landfills since its inception. The company also plants a tree for every order as part of its commitment to sustainability and environmental responsibility.

Key customers and partnerships

Kaiyo has established partnerships with various organizations to further its sustainability efforts. Notably, the company collaborates with the National Forest Foundation to plant trees for every sale, contributing to reforestation efforts. Additionally, Kaiyo enables sellers to donate a portion of their earnings to Trees NY, an organization dedicated to achieving a 30% tree canopy in New York City by 2035.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
750 Lexington Ave New York NY USA
Founded year:
2014
Employees:
101-250
IPO status:
Private
Total funding:
USD 43.1 mn
Last Funding:
USD 36.0 mn (Series B; Mar 2022)
Last valuation:
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Key competitors
 
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