• Home Decor Flash Sales Site HomeSav.com Raises $1.2 Million

    Tuesday, September 27th, 2011

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    homesav
    homesav

    Luxury home decor flash sale site HomeSav.com this morning announced that it has raised $1.2 million in seed financing from multiple retail angel investors and entrepreneurs including the Koffler family and the Metrick family (founders and owners of Canada’s largest high-end home furniture retailer).

    In addition, HomeSav.com says it has grown its membership by over 1,400 percent in the first year to over 100,000 registered users in the United States and Canada. Its members are said to place over 100 orders per day.

    HomeSav.com was founded in 2010 by Alexander Norman, Aliza Pulver and Allan Fisch. The site competes with the likes of One Kings Lane, The Foundary, Fab.com and Amazon’s MyHabit.


    Company: HomeSav
    Website: homesav.com
    Launch Date: 2010
    Funding: $1.2M

    HomeSav is an online shopping club (also known as flash sale site) featuring designer furniture, home décor, lifestyle and family related products at up to 80% off retail. Our expert buyers pre-select a wide variety of high quality and fashionable products for our members and clearly explain product details, specs, and benefits via descriptions and multi-view pictures. We work with hundreds of major brands to make it easier for consumers to shop for home products cost effectively and with...

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