REHAUS launches consumer seller platform with £500K pre-seed investment
REHAUS, a marketplace dedicated to matching pre-owned designer furniture with new owners, has today announced the launch of its consumer seller platform. REHAUS removes the hassle usually associated with pre-owned furniture online, offering a superior experience for both buyers and sellers. This includes full provenance, direct communication and next day delivery for buyers as well as collection, storage and superior merchandising for sellers.
REHAUS says the luxury resale second-hand market is growing rapidly with $16.6bn of second-hand furniture expected to be resold by 2025, a 70% increase since 2018. Concerns regarding the environmental impact of fast furniture are increasingly driving consumer buying decisions and sustainability is a key motivation. Savvy consumers are interested in furniture that will hold or increase in value, and the pieces held by REHAUS are considered a safe investment.
REHAUS was founded by interiors and design specialist Daphne Vassiliades, marketplace entrepreneur Tom Allason and ecommerce veteran Will Cochrane. Co-Founder, Daphne Vassiliades said: “We have opened the doors to a highly valuable segment of the pre-owned furniture market and done this by making all aspects of buying and selling easy. Sellers value their designer items wanting them collected, looked after and sold for a good price with minimal cost and hassle, whilst buyers want authentic, quality pieces delivered when they want them. Until now this was not possible.”
REHAUS has seen a 900% year-on-year growth with many clients reselling for the first time on the platform, and 18% of clients are already repeat customers. By applying the insights learnt in building managed marketplaces, the REHAUS team has created a model that overcomes the challenges, and is determined to make pre-owned designer furniture accessible to all.