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Wednesday, October 30, 2019

Oliver Space Raises $6.8M in Seed Funding

Oliver Space, a San Francisco, CA-based startup furnishing homes with monthly subscription, raised $6.8M in seed funding.

The round was led by Mayfield Fund, with participation from Abstract Ventures. Additional notable angel investors include Jana Messerschmidt and April Underwood (Hashtag Angels); Julia & Kevin Hartz (Co-founders and CEO at Eventbrite); Michael Ovitz (Founder of Creative Artists Agency); Eric Wu (CEO of Opendoor) and various Uber executives.

The company intends to use the funds to accelerate multi-city expansion after that the service has officially launched in the San Francisco Bay Area.

Founded in 2019 by Chan Park and Christian Talmage, Oliver Space provides customers with personalized, concierge-like experience in the home furnishing design process. The company offers everything from furniture to rugs to plants and pillows.

It allows customers to collaborate directly with the Customer Experience team to decide on the layout and design of their space. Oliver then delivers and assembles all of the furniture within a matter of days, at convenient times for the customer.

The model gives customers the opportunity to pay a monthly subscription, without having to spend money upfront to furnish their space.

Source. FinSMEs, October 30, 2019 
 
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