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One Kings Lane

E-commerceUSAClosed 2020

Total Raised

$225M

Peak Valuation

$900M

Employees

Year Collapsed

2020

Business model

Flash-sale e-commerce for home decor and furniture, later shifting toward full-price retail.

In brief

A design-focused flash-sale site for home goods that reached a near-billion-dollar valuation during the mid-2010s e-commerce boom, competing directly in the same crowded category as Fab.com and Gilt. As flash-sale economics proved difficult across the whole category, the company…

See the What Happened tab for the full account.

Key facts

Founded
2009
Closed
2020
Headquarters
San Francisco, USA
Industry
E-commerce
Employees
Revenue
Undisclosed

Related failures

Often compared with: Wayfair, West Elm.