According to 77 degree statistics, in addition to "Feather", a number of furniture leasing companies have recently received huge financing.
In the past two months, Indian furniture leasing company CasaOne has received US$50 million in debt financing, American online furniture leasing company Fernish has completed US$15 million in Series A financing, Furlenco has completed US$10 million in financing, and Inhabitr has received US$4 million in Series A financing...
A series of list can be listed here. In addition, IKEA, MUJI and other companies have also announced their involvement in furniture rental services.
There is no doubt that furniture leasing has become one of the booming industries in the world. Furniture rental companies continue to emerge around the world. There are not only established furniture retailers like IKEA, but also more disruptive Internet startups, the latter being the most representative in India and the United States. Among them, the US furniture rental market has reached 44 billion US dollars.
These furniture rental platforms are mainly for millennials (young people born between 1983 and 2000), especially young people who live in big cities with insufficient funds and temporarily do not have their own houses. The enthusiasm of the furniture rental market reflects the growing popularity of young people’s “renting instead of buying” behavior.
