Loveseat.com is a thriving local online auction marketplace in San Diego & Los Angeles. Today we are selling over 2,000 pieces of furniture and decor on a monthly basis. We are raising money to scale up our operations in our current markets as well as to expand geographically, ultimately to every city in the United States.
Selling 500+ pieces of furniture each week.
96% of items sell in 1 week at an average price of $55.
- Solid founding team - Wharton / Venmo (exit) / Ticketleap (exit).
- 61% of bidders repeat monthly.
- Take rate is 68% of Gross Merchandise Sales.
Market opportunity north of $1b annually.
Nearly 25% of consignors have participated in 3+ auctions.
1500+ bidder registrations monthly.
Key Team Members
- Site Average