Kaiyo Raises $5M in Funding


Kaiyo, a NYC-based full-service marketplace for gently-used furniture committed to great design customer care, raised $5M in funding.

The round was led by Moderne Ventures, with participation from Lerer Hippeau and Max Ventures.

The company intends to use the funds to continue domestic growth beginning with Washington D.C., and to create impactful relationships within the Northeast’s real estate market.

Led by Alpay Koralturk, Kaiyo is an online furniture marketplace dedicated to design, customer care, and a more sustainable planet. It provides discounts on top brands to its buyers and handles the moving, pickup, photography, cleaning, and delivery for its sellers. The company currently serves customers in the New York metropolitan area which includes New York, New Jersey and Connecticut, as well as the Philadelphia metropolitan area.