The furniture industry has seen several companies grow to significant valuations by connecting consumers with home goods and services online. This growth is happening across the globe, from China to Latin America.

For example, China's To8to, a platform for finding renovation contractors, has reached a $2 billion valuation. Similarly, Brazil's online home products marketplace MadeiraMadeira has raised over $338 million in funding.

Below is the full list of 4 Furniture unicorn startups at this time.

Top 4 Most Valuable Furniture Unicorns

To8to runs an online platform that connects users with contractors for apartment renovation and decoration. Their service helps homeowners find qualified professionals and manage home improvement projects from start to finish.

Valuation$2B
HeadquartersShenzhen, Guangdong, China
Year Founded2008
FoundersGuobin Wang
Funding Amount$216.5M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsSequoia Capital, 58.com, Matrix Partners China, HSG

MadeiraMadeira built a leading online marketplace in Brazil that specializes in products for the home. Their platform offers a vast selection of goods, ranging from furniture and decor to home improvement materials.

Valuation$1B (Joined January 2021)
HeadquartersCuritiba, Parana, Brazil
Year Founded2009
FoundersDaniel Scandian, Marcelo Scandian, Robson Privado
Funding Amount$338.8M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries E
Top InvestorsEndeavor Catalyst, Kaszek, Dynamo, SoftBank, Flybridge

Aijia Home Furnishing Products runs a digital platform that streamlines the supply chain for the home furnishing industry. They connect manufacturers directly with designers and retailers to help bring products to market more efficiently.

Valuation$1B
HeadquartersNanjing, Jiangsu, China
Year Founded2015
FoundersDingguo Pan, Jun Chen
Funding AmountCN¥1B
Company SizeLean Team (11-50)
Last Funding StatusSeries B
Top InvestorsTiantu Capital, Fortune Capital, Zhisland Capital

Grupo Axo partners with prominent international brands to manage and grow their retail operations in Mexico. They operate a vast network of physical stores and e-commerce platforms for a diverse portfolio of fashion, home, and lifestyle products.

Valuation$1B
HeadquartersMexico City, Distrito Federal, Mexico
Year Founded1994
FoundersAlberto Fasja Cohen
Funding Amount—
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsGeneral Atlantic, BlackRock Private Equity Partners