Online Auction for Vintage Furniture
Loveseat.com is an online auction-style marketplace for vintage furniture.
The auction format makes it easy for sellers to auction off any number of used pieces. All auctions are held out of the company’s warehouses, and Loveseat handles everything from taking pictures of the item to listing it for sale. The company sells more than 2,000 pieces of furniture a month, and most of its inventory sells in less than one week.
Loveseat.com is active in San Diego and Los Angeles, and will use funds to scale operations to new markets. The company’s Chief Technology Officer, Jenny Stanchak, was employee No. 7 at Venmo, a mobile payment services company acquired by PayPal in an $800 million deal.