Deesup

Deesup is a curated marketplace focused on the resale of high-end design furniture and decor, providing an eco-friendly platform for design enthusiasts and consumers seeking sustainable alternatives. Founded in 2017 and headquartered in Milan, Italy, Deesup operates a marketplace specializing in high-end design furniture resale. The company has successfully closed two deals, with its most recent funding round in November 2021, during which it raised EUR 1. 4 million in Series A funding led by Doorway Capital and supported by investors such as Azimut Investments DIFC Limited and Club Degli Investitori.

Valentina Cerolini is the CEO and one of the co-founders alongside Daniele Ena. Deesup operates as a curated marketplace specializing in the resale of high-end design furniture and decor. Its primary offerings include a wide range of pre-loved design pieces sourced from private sellers as well as retail display furniture. Customers can engage in negotiations with sellers to make offers, which can lead to discounts of up to 30% off listed prices.

The platform serves design enthusiasts, interior decorators, and environmentally conscious consumers looking for sustainable alternatives to new furniture, contributing to a circular economy. Deesup's reach extends to several geographical markets, including major European cities, where it provides a robust online platform for transactions, logistics facilitation, and customer assistance. In the most recent year of 2023, Deesup reported revenue of EUR 303,380. 1.

The company also reported an EBITDA of EUR -464,068. 8 for the year 2022. Deesup generates revenue through transaction fees associated with the sale of designer furniture and lighting items, supporting both B2C and C2C interactions. The platform charges a commission on successful sales, which includes iconic designs and vintage items, allowing for competitive pricing and enhanced user engagement.

Following its latest funding round on November 10, 2021, where EUR 1. 4 million was raised, Deesup plans to utilize these funds to support its international expansion. The company aims to consolidate its presence in existing markets, including Italy, Germany, France, and the Benelux region, enhancing its operations in these key areas.