About Fernish
Fernish is a company based in Los Angeles (United States) founded in 2001 by Michael L Barlow was acquired by Vesta Home in November 2023.. Fernish has raised $101.06 million across 7 funding rounds from investors including Khosla Ventures, Techstars and Vesta Home. Fernish offers products and services including Furniture Rental Service, Beds, Dining Tables, Seating, and Desks. Fernish operates in a competitive market with competitors including Feather, Inhabitr, NICKSON, Conjure and ZZ Driggs, among others.
- Headquarter Los Angeles, United States
- Founders Michael L Barlow
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$101.06 M (USD)
in 7 rounds
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Latest Funding Round
$12.25 M (USD), Series B
Apr 11, 2023
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Investors
Khosla Ventures
& 10 more
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Employee Count
Employee Count
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Acquired by
Vesta Home
(Nov 09, 2023)
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Products & Services of Fernish
Fernish offers a comprehensive portfolio of products and services, including Furniture Rental Service, Beds, Dining Tables, Seating, and Desks. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for renting furniture with delivery and assembly options
Rental items for bedroom use in home setups
Furniture for dining areas available via rental
Options for chairs and seats through rental services
Workstation furniture rentable for office needs
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Funding Insights of Fernish
Fernish has successfully raised a total of $101.06M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $12.25 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $12.2M
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First Round
First Round
(16 Jul 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series B - Fernish | Valuation |
investors |
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| Dec, 2021 | Amount | Series A - Fernish | Valuation | Alumni Ventures |
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| Nov, 2021 | Amount | Series A - Fernish | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fernish
Fernish has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Khosla Ventures, Techstars and Vesta Home. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investing and portfolio management services for accredited investors.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital fund focused on the real estate startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fernish
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fernish
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fernish Comparisons
Competitors of Fernish
Fernish operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Feather, Inhabitr, NICKSON, Conjure and ZZ Driggs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Icons are offered via an online marketplace with customization features.
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| domain | founded_year | HQ Location |
Online platform for renting furniture
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| domain | founded_year | HQ Location |
Home products are rented via an online subscription platform.
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| domain | founded_year | HQ Location |
Furniture is rented via Conjure's online platform.
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| domain | founded_year | HQ Location |
Furniture for home improvement is rented and purchased online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fernish
Frequently Asked Questions about Fernish
When was Fernish founded?
Fernish was founded in 2001 and raised its 1st funding round 17 years after it was founded.
Where is Fernish located?
Fernish is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Fernish a funded company?
Fernish is a funded company, having raised a total of $101.06M across 7 funding rounds to date. The company's 1st funding round was a Series A of $13.69M, raised on Jul 16, 2018.
What does Fernish do?
Fernish was established in 2001 in Los Angeles, United States, as an online platform in the furniture rental sector. Items such as tables, beds, bar stools, nightstands, wall decors, mattresses, and pillows are offered for rent. Users select products and specify rental periods through the platform, which operates primarily in the U.S. market. Co-founder Michael L Barlow is associated with the company.
Who are the top competitors of Fernish?
What products or services does Fernish offer?
Fernish offers Furniture Rental Service, Beds, Dining Tables, Seating, and Desks.
Who are Fernish's investors?
Fernish has 11 investors. Key investors include Khosla Ventures, Techstars, Vesta Home, Alumni Ventures, and RET Ventures.