Fernish Overview
- Year Founded
-
2017
- Status
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Acquired/Merged
- Employees
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66
- Latest Deal Type
-
M&A
Fernish General Information
Description
Operator of a furniture rental platform intended to offer quality furniture and decor rental services. The company's marketplace offers a wide range of furniture for the living room, dining room, bedroom, and office, enabling customers to rent, swap out or buy as per their flexibility.
Contact Information
Website
fernish.com(Operating Subsidiary)
Corporate Office
- 8075 West 3rd Street
- Unit 400
- Los Angeles, CA 90048
- United States
Corporate Office
- 8075 West 3rd Street
- Unit 400
- Los Angeles, CA 90048
- United States
Fernish Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 21-Jul-2023 | Completed | Generating Revenue | |||
8. Later Stage VC (Series B2) | 11-Apr-2023 | Completed | Generating Revenue | |||
7. Early Stage VC (Series B1) | 02-Nov-2021 | Completed | Generating Revenue | |||
6. Accelerator/Incubator | 20-Nov-2020 | Completed | Generating Revenue | |||
5. Early Stage VC (Series A) | 01-May-2020 | Completed | Generating Revenue | |||
4. Seed Round | 19-Nov-2019 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 07-Mar-2019 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 16-Jul-2018 | $2.5M | Completed | Generating Revenue | ||
1. Seed Round | 01-Dec-2017 | $2.5M | $2.5M | Completed | Generating Revenue |
Fernish Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B-2 | ||||||||
Series B-1 | ||||||||
Series A2 | ||||||||
Series A1 | ||||||||
Seed 3 | ||||||||
Seed 2 | ||||||||
Seed 1 | 849,545 | $0.000010 | 8% | $1.14 | $1.14 | 1x | $0.83 | 1.08% |
Seed | 4,286,843 | $0.000010 | 8% | $1.42 | $1.42 | 1x | $0.94 | 5.98% |
Fernish Comparisons
Industry
Financing
Details
Fernish Competitors (6)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Fashion Furniture Rental | Private Debt Financed | San Diego, CA | ||||
CORT Business Services | Corporate Backed or Acquired | Chantilly, VA | ||||
Furlenco | Venture Capital-Backed | Bengaluru, India | ||||
Oliver Space | Venture Capital-Backed | San Francisco, CA | ||||
Feather | Formerly VC-backed | New York, NY |
Fernish Executive Team (5)
Name | Title | Board Seat |
---|---|---|
Michael Barlow Jr. | Co-Founder, Chief Executive Officer & Chief Financial Officer |
Fernish Signals
Fernish Former Investors (37)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
75 & Sunny | Venture Capital | Minority | ||
Alumni Ventures | Venture Capital | Minority | ||
Amara Ventures | Venture Capital | Minority | ||
Armando Biondi | Angel (individual) | Minority | ||
Cap Table Coalition | Venture Capital | Minority |
Fernish FAQs
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When was Fernish founded?
Fernish was founded in 2017.
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Who is the founder of Fernish?
Michael Barlow Jr. and Lucas Dickey are the founders of Fernish.
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Who is the CEO of Fernish?
Michael Barlow Jr. is the CEO of Fernish.
-
Where is Fernish headquartered?
Fernish is headquartered in Los Angeles, CA.
-
What is the size of Fernish?
Fernish has 66 total employees.
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What industry is Fernish in?
Fernish’s primary industry is Home Furnishings.
-
Is Fernish a private or public company?
Fernish is a Private company.
-
What is Fernish’s current revenue?
The current revenue for Fernish is
. -
How much funding has Fernish raised over time?
Fernish has raised $70.5M.
-
Who are Fernish’s investors?
75 & Sunny, Alumni Ventures, Amara Ventures, Armando Biondi, and Cap Table Coalition are 5 of 37 investors who have invested in Fernish.
-
Who are Fernish’s competitors?
Fashion Furniture Rental, CORT Business Services, Furlenco, Oliver Space, and Feather are some of the 6 competitors of Fernish.
-
When was Fernish acquired?
Fernish was acquired on 21-Jul-2023.
-
Who acquired Fernish?
Fernish was acquired by Vesta (Home Furnishings).
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