Fab.com
E-commerceUSAClosed 2015
Total Raised
$336M
Peak Valuation
$1B
Employees
—
Year Collapsed
2015
Business model
Flash-sale e-commerce for design-focused home goods, later pivoted toward owned-brand furniture.
In brief
Grew explosively as a design-focused flash-sale site, reaching unicorn status within two years, then repeatedly pivoted its business model (from flash sales to full-price retail to owned furniture manufacturing) while burning through hundreds of millions in the process. Unable to…
See the What Happened tab for the full account.
Key facts
- Founded
- 2010
- Closed
- 2015
- Headquarters
- New York, USA
- Industry
- E-commerce
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Jason Goldberg, Bradford Shellhammer
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Often compared with: Wayfair, West Elm.