'Hybrid-friendly' office furniture maker raises $10 million in funding
The latest investment will accelerate new product development, supply chain optimization, omni-channel distribution, and digital product experiences.
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The latest investment will accelerate new product development, supply chain optimization, omni-channel distribution, and digital product experiences.
Customers can purchase premium furniture without having to go through a dealer, saving on average 50% over buying from traditional retailers.
Although eMarketer forecasts that direct-to-consumer (D2C) purchases will only account for 2.5% of total retail sales in 2022, these brands have challenged and successfully disrupted the retail industry by curating every interaction with customers.
4/7/21 OT: Mattresses Founders Saatva is a privately held e-commerce company that specializes in luxury mattresses and is based in New York, New York. In 2015, Saatva ranked 101 on Inc's list of the top 500 retailers for the year, with 2014 revenues of $28.6M.[5] Since 2014, Saatva has grown exponentially. Saatva mattresses launched Loom and Leaf, an eco-friendly brand of luxury memory foam mattresses and their high end 'Zenhaven' mattress in 2016. Saatva expects their revenue to exceed 500 million in 2020.[ The company was founded in 2011 by furniture industry veteran Ron Rudzin and entrepr...