About Wayfair
Wayfair is a company based in Boston (United States) founded in 2002 by Steven Conine.. Wayfair has raised $523.3 million across 6 funding rounds from investors including HarbourVest Partners, T. Rowe Price and Battery Ventures. The company has 13,500 employees as of December 31, 2024. Wayfair has completed 3 acquisitions, including Buyster, DwellStudio and Trump. Wayfair offers products and services including Furniture, Decor, Outdoor Products, and Appliances. Wayfair operates in a competitive market with competitors including Bed Bath & Beyond, Homee, Overstock, WorldStores and Joss & Main, among others.
- Headquarter Boston, United States
- Employees 13500 as on 31 Dec, 2024
- Founders Steven Conine
- Stage Public
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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
*********
- Legal Name Wayfair Inc.
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Annual Revenue
$11.85 B-1.27as on Dec 31, 2024
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Net Profit
$-492 M33.33as on Dec 31, 2024
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EBITDA
$42 M113.25as on Dec 31, 2024
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Total Equity Funding
$523.3 M (USD)
in 6 rounds
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Latest Funding Round
$300 M (USD), Post-IPO
Sep 11, 2017
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Investors
HarbourVest Partners
& 5 more
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Employee Count
13500
as on Dec 31, 2024
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Investments & Acquisitions
Buyster
& 2 more
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IPO & Listings of Wayfair
Wayfair is a publicly listed company on the NYSE with ticker symbol W in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Wayfair
Wayfair offers a comprehensive portfolio of products and services, including Furniture, Decor, Outdoor Products, and Appliances. 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.
Range of sofas, tables, and beds for indoor use.
Items like rugs, pillows, and wall art for decoration.
Patio sets, grills, and garden items for exterior spaces.
Kitchen tools and laundry machines for daily use.
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Software Development Team
115 people
Senior Team
48 people
Leadership Team
43 people
Operations Team
35 people
Sales and Marketing
29 people
Finance and Accounting
22 people
Human Resources and Administration
16 people
Head Team
15 people
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Funding Insights of Wayfair
Wayfair has successfully raised a total of $523.3M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $300 million completed in September 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 6
- Last Round Post-IPO — $300.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Post-IPO - Wayfair | Valuation |
investors |
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| Mar, 2014 | Amount | Series B - Wayfair | Valuation |
investors |
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| Dec, 2012 | Amount | Series B - Wayfair | Valuation |
investors |
| 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 Wayfair
Wayfair has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include HarbourVest Partners, T. Rowe Price and Battery Ventures. 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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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Business acquisitions are targeted by the private equity firm.
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Founded Year | Domain | Location | |
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Spark Capital is engaged in venture capital investments.
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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 Wayfair
Wayfair has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Buyster, DwellStudio and Trump. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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A group photo messaging app for mobile users is provided.
|
2014 | ||||
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Home furniture and decor products are sold online by Buyster.
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2009 | ||||
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Private label brand of home decor and furniture
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wayfair
| 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 |
Wayfair Comparisons
Competitors of Wayfair
Wayfair 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 Bed Bath & Beyond, Homee, Overstock, WorldStores and Joss & Main, 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 |
Home essentials including furniture and bedding are retailed online.
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| domain | founded_year | HQ Location |
On-demand home service professionals are booked via an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Home and garden products are retailed online by WorldStores.
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| domain | founded_year | HQ Location |
Home improvement products are retailed online through Joss & Main.
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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 Wayfair
Frequently Asked Questions about Wayfair
When was Wayfair founded?
Wayfair was founded in 2002 and raised its 1st funding round 6 years after it was founded.
Where is Wayfair located?
Wayfair is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Wayfair a funded company?
Wayfair is a funded company, having raised a total of $523.3M across 6 funding rounds to date. The company's 1st funding round was a Series B of $36.3M, raised on Jun 01, 2008.
How many employees does Wayfair have?
As of Dec 31, 2024, the latest employee count at Wayfair is 13,500.
What is the annual revenue of Wayfair?
Annual revenue of Wayfair is $11.85B as on Dec 31, 2024.
What does Wayfair do?
Wayfair was founded in 2002 and is headquartered in Boston, United States. The company operates as an online retailer in the home goods sector, offering a broad catalog that encompasses furniture, rugs, wall decor, kitchen supplies, lighting, appliances, textiles, bathroom fittings, and cabinets. Products are sourced and distributed through its e-commerce platform, serving customers across the United States with a focus on home improvement needs.
Who are the top competitors of Wayfair?
Wayfair's top competitors include Bed Bath & Beyond, Homee and Overstock.
What products or services does Wayfair offer?
Wayfair offers Furniture, Decor, Outdoor Products, and Appliances.
Is Wayfair publicly traded?
Yes, Wayfair is publicly traded on NYSE under the ticker symbol W.
How many acquisitions has Wayfair made?
Wayfair has made 3 acquisitions, including Buyster, DwellStudio, and Trump.
Who are Wayfair's investors?
Wayfair has 6 investors. Key investors include HarbourVest Partners, T. Rowe Price, Battery Ventures, Great Hill Partners, and Spark Capital.
What is Wayfair's ticker symbol?
The ticker symbol of Wayfair is W on NYSE.
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