1stdibs.com, Inc. (stylized as 1stDibs) is an American
e-commerce
E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile co ...
company. It has an online marketplace, which sells luxury items such as high-end furniture for interior design, fine art and jewelry. The company has been recognized for "pushing the antiques business into the 21st century."
[ Originally, founded in ]Paris
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...
, it is currently headquartered in New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
.
History
1stDibs was founded in 2000 by Michael Bruno Michael Bruno may refer to:
* Michael Bruno (economist) (1932–1996), Israeli economist
* Michael Bruno (entrepreneur), American entrepreneur
* Kalani Das (born Michael Bruno), American percussionist, author and educator
* Michael-Bruno ...
as an online luxury marketplace for antiques after he visited the Marché aux Puces in Paris, France. 1stDibs.com started as a listings site for art dealers to sell offline, but the site was redesigned in 2013 to give buyers the option to purchase items online.venture capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...
firm Insight Partners
Insight Venture Management, LLC (commonly referred to as Insight Partners and previously Insight Venture Partners) is a global venture capital and private equity firm that invests in high-growth technology, software, and internet businesses. The ...
. Part of that funding went to buy out all shares held by Bruno, who had stepped away from day-to-day operations. The raise added Deven Parekh
Deven Parekh is an American venture capitalist, philanthropist, Democratic fundraiser and public servant. He is managing director at Insight Partners, a New York City venture capital and private equity firm. Parekh is a noted donor and fundra ...
from Insight to the company's board.
In March 2019, the company completed a series D
A venture round is a type of funding round used for venture capital financing, by which startup company, startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture fundi ...
funding round of $76 million. It has received $170 million in funding to date and has a valuation of more than $500 million. As of February 2019, 1stDibs works with 4,000 dealers in 28 countries.
In December 2019, 1stDibs closed its brick-and-mortar location at Terminal Stores after the new owner of the building began a large-scale construction project.
In June 2021, the company went public on the Nasdaq
The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
, under the symbol DIBS.
References
External links
*{{Official, https://www.1stdibs.com/
Internet properties established in 2000
Retail companies established in 2000
French companies established in 2000
Online marketplaces of France
2021 initial public offerings
Companies listed on the Nasdaq
Companies based in Paris
Publicly traded companies based in New York City