215: How Everything But the House Is Finding Buyers For All The Contents of Your Home
Everything But The House (EBTH), the world’s largest online (and app) is a revolutionary online marketplace that provides the reach and convenience of an e-commerce platform for estate sales around the world. As a full-service provider, EBTH helps sellers maximize the value of their collections by handling every aspect of the sale from photography and cataloging to payment and delivery.
Through its marketplace, EBTH also allows collectors and buyers to discover everything from rare antiques and original art to great deals on everyday needs. With more than 350 estate sales a month and all items starting at $1, bidders from across the world always have something new to discover.
EBTH the world’s premier online estate sale marketplace which connects bidders and buyers with unique collections from estate sales across the country recently raised $41.5 million in its latest round of venture capital Series C funding.
Led by Greenspring Associates, with participation from returning investors Greycroft Partners and Spark Capital, EBTH plans to use the capital to fuel growth initiatives in operations and technology and to continue to expand its team nationally. EBTH has raised $84.5 million to-date.
“EBTH is changing how the world downsizes. We are thrilled to return to lead the company’s Series C funding and have been incredibly impressed with the executive team’s passion and drive to become the national leader in the estate sale industry.”
“Our company has experienced exponential growth over the last year as we help to downsize the largest generation of boomers in our country’s history. With the size of the market estimated to grow by $10 billion over the next four years, we are taking on this strategic funding while reporting 110% year-over-year revenue growth,” said Andy Nielsen, President, and CEO of EBTH.
I invited Everything But The House CEO/President, Andy Nielson onto the show to find out more about the platform and how technology has transformed the business.