London-based vintage & antique furniture marketplace Vinterior has raised £8 million in a Series A round. Eschewing the fast furniture option, the startup takes the trouble and hassle out of sourcing and purchasing something truly unique and helps consumers go from “place” to “home”. With the new funding, Vinterior plans to further drive both international and team growth.
Founded in 2016 by Sandrine Zhang Ferron and Leslie Fournier, Vinterior was born from a simple problem: finding vintage, unique, and sustainable furniture was a royal pain in the ass. So why not use the power of technology to solve it? Quite quickly, the duo discovered that they weren’t alone in their frustration, with a number of consumers wishing to ditch the ‘fast-furniture’ culture in lieu of something not only unique, but sustainable as well.
And it’s not just consumers that are winners via Vinterior either, as the antique business isn’t, shall we say, always the most up to date on their sales methods. Over the past five years, the startup has grown leaps and bounds from a handful of dealers around London to now housing over 1,800 sellers from over 30 countries around the globe.
The company has seen 120% year-over-year growth, moved over $200 million in vintage and antique assets through its doors, and currently employs a staff of 43.
“We founded Vinterior on the belief that vintage offers a better, more sustainable way to consume and a way to decorate your home in a truly unique and meaningful way. We believe that everyone – whether furnishing their first London flat or their country home in the Cotswolds – should have the option to live stylishly and sustainably,” commented CEO Zhang Ferron.
Active Partners’ Tom Profumo comments, “Vinterior is, quite simply, an online treasure trove. Its exceptional collection of beautiful, high-quality furniture and home accessories offers something for every home, and opens up access to the vintage market to consumers around the world. With the rise of re-commerce and the circular economy, consumers are increasingly prioritising sustainability alongside style, driving increasing demand for vintage.”