What is 1stDIBS?
Founded in 2000 and headquartered in New York, 1stDIBS operates a sophisticated online marketplace that facilitates the trade of luxury furniture, fine art, jewelry, and fashion. The platform serves as a critical intermediary, connecting a global network of makers and dealers with a high-net-worth consumer base. Through its robust digital infrastructure, the company has effectively digitized the traditionally fragmented antique and luxury design market, providing a seamless transactional experience that maintains the prestige and authenticity required by its clientele.
How much funding has 1stDIBS raised?
1stDIBS has raised a total of $253M across 5 funding rounds:
Series A
$60M
Series B
$42M
Series C
$15M
Unspecified
$60M
Series D
$76M
Series A (2011): $60M with participation from Benchmark
Series B (2012): $42M led by Spark Capital and Index Ventures
Series C (2014): $15M supported by Alibaba Group
Unspecified (2015): $60M featuring Insight Venture Partners
Series D (2019): $76M backed by Foxhaven Asset Management, Allen & Company, Michael Zeisser, T. Rowe Price Associates, Groupe Artémis, and Sofina
Key Investors in 1stDIBS
Insight Venture Partners
A global venture capital and private equity firm that provides capital and strategic support to software-scale-up companies.
Benchmark
A premier early-stage venture capital firm known for its concentrated investment strategy and long-term partnership with transformative technology founders.
Index Ventures
A venture firm investing in the next generation of entrepreneurs from seed to IPO, partnering with founders who challenge the status quo.
What's next for 1stDIBS?
With the support of major institutional backers, 1stDIBS is well-positioned to further its digital transformation initiatives and expand its market reach. The company is expected to leverage its recent capital to enhance its proprietary technology stack, improve logistics for high-value goods, and deepen its penetration into emerging luxury markets. As the firm continues to evolve, its focus will likely remain on scaling its marketplace ecosystem while maintaining the high-touch service standards that define its brand identity in the competitive luxury retail landscape.
See full 1stDIBS company page
