Everything But The House, a Cincinnati, OH-based online estate sale marketplace, raised $41.5M in Series C funding.
The round was led by Greenspring Associates, with participation from returning investors Greycroft Partners and Spark Capital.
The company, which has raised $84.5m to-date, plans to use the capital to accelerate growth initiatives in operations and technology and to continue to expand its team nationally.
Founded in 2008 and led by Andy Nielsen, President and CEO, Everything But The House provides an online estate sale marketplace which connects bidders and buyers with unique collections from estate sales across the country. The platform allows sellers to handle every aspect of the sale from photography and cataloging to payment and delivery while collectors and buyers can discover rare antiques, original art, deals on everyday needs.
In addition to the funding, the company has hired Tim Stautberg, former President and CEO of Journal Media Group and 25-year veteran and CFO of The E.W. Scripps Company, as Chief Financial Officer and Scott Griffith, former Chairman and CEO of Zipcar, as member of the Board of Directors.
FinSMEs
31/10/2016