User:Toodamngood01/sandbox
File:Article logo.svg | |
Company type | Private |
---|---|
Industry | Furniture, E-commerce |
Founded | 2011 |
Founders | Aamir Baig, Andy Prochazka, Sam Prochazka, Fraser Hall |
Area served | United States, Canada |
Website | article |
Article is a privately-held, Canada-based, E-commerce company that sells furniture online. Article works with high-end furniture designers and foreign manufacturers to offer over 400 home furnishing items including sofas, chairs and tables.[1]
History
[edit]Article was founded in 2011 by Aamir Baig, Andy Prochazka, Sam Prochazka and Fraser Hall[2] to eliminate supply chain inefficiencies in the designer furniture industry. The company became "Article" after changing its name from "Bryght" in early 2016.[3] Article is founder-funded, having raised $4.8M in four rounds, and has grown mostly on retained earnings.[4] Founder Fraser Halls venture capital fund, Vancouver Founder Fund (VFF), participated in the most recent round of funding.
In March, 2017, Article announced it had a revenue run rate of $90M USD, growing 600% in 2016.[5] 85% of Article's customers are in the USA.
Products
[edit]Article sells designer mid-century modern furniture. Categories include sofas, chairs, tables, bedroom, storage, rugs and decor accessories. Article launched a patio furniture collection in March, 2017. [6]
Article offers a 30-day money-back guarantee and a $49 delivery and return fee. The company claims a return rate of less than 5%.[7]
Locations
[edit]Article is headquartered in Vancouver and has warehouses in Seattle, Los Angeles and New Jersey.[8]
References
[edit]- ^ Weinstein, Joanna. "Couching pricey high-end furniture". CNBC.com. CNBC. Retrieved 21 September 2015.
- ^ Tossell, Ivor. "Specialist to the Globe and Mail". theglobeandmail.com. The Globe And Mail. Retrieved 21 September 2015.
- ^ "Rename". article.com. Retrieved 17 March 2017.
- ^ "4 West Coast Canadian Tech Brands to Watch". Notable. Retrieved 23 March 2017.
- ^ Dennis, Madonna. "TODAY IN COMPANY UPDATES: ARTICLE, JIBESTREAM, BRIZI". betakit. Retrieved 17 March 2017.
- ^ Wax, Shelby. "Every Patio Needs Article's Outdoor Furniture Line". Lonny. Retrieved 17 March 2017.
- ^ Daswani, Kativa. "Return policies for online furniture purchases can be generous". Los Angeles Times. Retrieved 21 September 2015.
- ^ "Article secures 20 times larger space for new headquarters". Yahoo Finance. Retrieved 17 March 2017.
External links
[edit]Category:Companies based in Vancouver Category:Companies established in 2011 Category:Online retail companies of Canada