LuxeYard Scores $3.5M, Takes On Flash Deals For Furniture

Los Angeles-based LuxeYard, a new flash sales site featuring furniture and home decor, announced today that it has raised $3.5M in funding, and has launched its service. The firm said it will provide home furnishings an design products at a discount, using the flash sales model. The new firm is headed by Braden Richter, who has lengthy experience in the furniture industry; the site was founded by Amir Mireskandari. Name of the firm's investors was not disclosed. LuxeYard provides both feature products, as well as a unique feature the firm bills as "concierge buying" which allows members to post photos of furniture they like--whether in a window display, seen at a retailer, or even at a friend's house--and get those products sourced either directly from the manufacturer, or one very similar to that item. More information »