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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

Related failures

Often compared with: Wayfair, West Elm.