Kaiyo

Though it’s been active since 2014, when it was known as furnishare and focused on furniture rental, Kaiyo’s rebrand and shift to a second hand marketplace have seen the company grow rapidly over the last few years. One unique feature that’s making it popular with sellers is that they can cash in on items immediately by selling directly to the platform, rather than waiting for them to sell to another buyer.

Given the fact that the second hand furniture market is expected to almost double in value over the next few years, Kaiyo’s prospects for further growth look good. The company is moving into new verticals such as providing resale as a service to retail partners, allowing them to resell their surplus inventory and reduce waste while clearing warehouse space for new items. As circularity is increasingly important to both businesses and consumers, Kaiyo is well poised for its next stage of growth.