About Viyet
Viyet is a company based in New York (United States) founded in 2012 was acquired by Sotheby's in February 2018.. Viyet has raised $6.52 million across 5 funding rounds from investors including Sotheby's, Female Founders Fund and Compound. Viyet operates in a competitive market with competitors including Chairish, AptDeco, DECASO, Kashew and Unbuilt, among others.
- Headquarter New York, United States
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Viyet Inc
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Funding Insights of Viyet
Viyet has successfully raised a total of $6.52M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $300 thousand completed in October 2017. 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 5
- Last Round Debt – Conventional — $300,000
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First Round
First Round
(01 Oct 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Debt – Conventional - Viyet | Valuation |
investors |
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| Aug, 2017 | Amount | Series A - Viyet | Valuation |
investors |
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| Aug, 2016 | Amount | Debt – Conventional - Viyet | 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 Viyet
Viyet has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Sotheby's, Female Founders Fund and Compound. 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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Early-stage investments are made in US women-led tech startups.
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Founded Year | Domain | Location | |
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Compound is recognized as a thesis-driven investment firm.
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Founded Year | Domain | Location | |
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Fine art and collectibles are auctioned internationally.
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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 Viyet
| 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 - Viyet
| 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 |
Viyet Comparisons
Competitors of Viyet
Viyet 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 Chairish, AptDeco, DECASO, Kashew and Unbuilt, 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 |
Online marketplace for pre-owned home improvement products
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| domain | founded_year | HQ Location |
Used home improvement products are bought and sold online.
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| domain | founded_year | HQ Location |
Manages a digital hub for pre-owned home decor and furniture.
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| domain | founded_year | HQ Location |
Online marketplace platform offering multi-category pre-loved home furnishing products
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| domain | founded_year | HQ Location |
Secondhand home improvement products are offered through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Viyet
When was Viyet founded?
Viyet was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Viyet located?
Viyet is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Viyet a funded company?
Viyet is a funded company, having raised a total of $6.52M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $280K, raised on Oct 01, 2014.
What does Viyet do?
Viyet was founded in 2012 in New York, United States, as an online marketplace focused on high-end furniture consignment. A white-glove service is offered to sellers of luxury pre-owned pieces, while a curated collection of items is made available for buyers across the United States. Operations emphasize consignment and resale of design-oriented furniture and accessories at reduced prices compared to retail.
Who are Viyet's investors?
Viyet has 3 investors. Key investors include Sotheby's, Female Founders Fund, and Compound.
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