Design Market
Marketplace dedicated to Vintage Design & Mid Century modern furniture.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 6 % | 19 % | - | 5 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (13 %) | - | - | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (14 %) | - | - | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Founded in 2014 by Lionel Obadia and David Mimouni, Design Market operates as a specialized e-commerce platform focused on the sale of pre-owned vintage and mid-century modern furniture. The company is headquartered in Paris, France. The business model is centered around a marketplace structure, connecting professional vintage furniture dealers with a global customer base. Design Market curates a large online catalog of original vintage pieces, each authenticated by a team of independent professional experts before being listed. This verification process serves as a key value proposition, ensuring authenticity and quality for buyers. The company generates revenue by taking a commission on transactions facilitated through its platform. Consumers can browse, purchase, and arrange shipping for unique furniture items sourced from galleries across Europe.
The company's journey includes several funding rounds, starting with an angel investment of $431K in December 2015, followed by another $166K in October 2017, and subsequent seed rounds. This financial backing supported the platform's development and market expansion. In a significant milestone, Design Market was acquired by the Dutch marketplace Whoppah in September 2024, though it continues to operate as a subsidiary. Co-founder David Mimouni brought experience in online marketing and sales to the venture. Co-founder Lionel Obadia has a distinct background as a Professor of Anthropology specializing in religious studies, which is not directly related to the furniture market.
Keywords: vintage furniture marketplace, pre-owned design, mid-century modern furniture, European furniture, authenticated vintage, online furniture platform, design collectibles, curated furniture, second-hand designer furniture, e-commerce home decor, antique furniture online, professional furniture dealers, Whoppah subsidiary, Lionel Obadia, David Mimouni, Paris startup, home furnishings retail, vintage decor, authenticated design, furniture consignment, specialty retail