Joybird, a prominent name in the world of custom furniture, was founded in 2014 by Alex Del Toro, Andres Hinostroza, Chris Stormer, and Joshua Stellin. The company’s mission is to deliver high-quality, handcrafted furniture that is both stylish and functional. Joybird has gained a reputation for creating exceptional pieces that can be customized according to an individual’s preferences, giving customers the opportunity to create furniture that truly reflects their personality and style.

The product lineup of Joybird includes a diverse range of furniture items such as sofas, sectionals, chairs, beds, dining tables, and various home decor accessories. The company’s unique selling proposition is its customizable approach, which allows customers to choose from over 50 fabric and leather options, various wood finishes, and numerous configurations for their furniture pieces. Joybird places a strong emphasis on craftsmanship, employing skilled artisans to create each piece of furniture by hand.

Funding Rounds

In terms of funding, Joybird has had two major funding rounds. The first round, a seed funding round, occurred in June 2015, raising $1.5 million from investors such as FJ Labs, Fabrice Grinda, Jose Marin, and Brian Spaly. The second funding round, a Series A round, took place in February 2016, in which the company secured $4.5 million from investors like NFX, Greycroft, and Thrive Capital.

Acquisition

Joybird has also been involved in an acquisition. In July 2018, the company was acquired by La-Z-Boy Incorporated, a leading global furniture manufacturer and retailer. The acquisition allowed Joybird to benefit from La-Z-Boy’s extensive manufacturing capabilities, supply chain, and retail footprint, while also maintaining its unique brand identity and custom furniture offerings.

The partnership between Joybird and La-Z-Boy has allowed the company to expand its reach and capitalize on La-Z-Boy’s extensive experience in the furniture industry. This collaboration has also enabled Joybird to benefit from La-Z-Boy’s strong distribution network and operational expertise.

In terms of awards and recognition, Joybird’s commitment to quality and customer satisfaction has not gone unnoticed. The company has been featured in various media outlets such as Forbes, Architectural Digest, and Fast Company. While specific awards and recognition may not be available, Joybird has consistently received positive customer reviews and testimonials, highlighting the company’s dedication to creating exceptional, customizable furniture.

In conclusion, Joybird is a custom furniture company that has experienced significant growth since its founding in 2014. Its product offerings, funding rounds, acquisition by La-Z-Boy, physical store locations, and partnerships have all contributed to the company’s success. Although specific awards and recognition may not be available, Joybird’s commitment to quality and customer satisfaction has earned it a positive reputation within the industry.