Everything But The House (EBTH), a Cincinnati, OH-basedĀ online estate sale company, raised a $13m Series A round of funding.
The round was led by Spark Capital and Greycroft Partners, with participation from individual investors.
The company intends to use the funds to grow and bring its services to approximately 50 cities within the next two yearsĀ including Boston, Washington D.C., Atlanta, Denver, Dallas, Chicago, Los Angeles and the Gulf Coast of Florida throughout 2015.
Led by President and CEO Andy Nielsen, EBTHĀ sells all kinds of second-hand goods from furniture and collectibles to grand pianos and garden tools. ItĀ handles every part of the sale from cataloging and photographing each item for sale, to coordinating shipping, trash removal services, donations etc. Every online sale is active for seven days and all bids start at $1.
Items sold also include a Ford Model T, a 17th Century Chinese Libation Cup, a highly collectible vintage BMW motorcycle and a World Series ring, which sold for $89,000.
The company has operations in Cincinnati, Columbus, Indianapolis, Louisville, Lexington and Nashville.
FinSMEs
25/11/2014