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DTC furniture site Dims opens to public investment
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DTC furniture site Dims opens to public investment

  • Categories:News Release
  • Author:Anne Flynn Wear
  • Origin:www.furnituretoday.com
  • Time of issue:2021-07-11 07:27
  • Views:0

(Summary description)LOS ANGELES – E-commerce furniture site Dims has launched on investing platform Republic.

DTC furniture site Dims opens to public investment

(Summary description)LOS ANGELES – E-commerce furniture site Dims has launched on investing platform Republic.

  • Categories:News Release
  • Author:Anne Flynn Wear
  • Origin:www.furnituretoday.com
  • Time of issue:2021-07-11 07:27
  • Views:0
Information

 

LOS ANGELES – E-commerce furniture site Dims has launched on investing platform Republic, which allows anyone to invest in the company for a minimum investment of $100.

 

“At Dims, we pride ourselves on serving and empowering the members of our community — whether that be our partners, suppliers, customers or the design community at large,” said Eugene Kim, company founder. “We chose to launch on Republic to give our community the opportunity to invest in us, and because Republic’s mission to democratize startup investing is culturally aligned with our desire for diverse, democratic design.”

 

Republic allows the public to access highly vetted private investment opportunities in order to level the playing field for entrepreneurs and investors. Less than 3% of startups that apply are admitted through Republic’s due diligence and investment committee, before being added to the site. Republic allows individuals at all levels of wealth to invest alongside famed venture capital firms, and itself invests in every startup listed on the platform.

 

Dims originally launched in 2018 with four tables designed in collaboration with four design studios from around the world, and now offers nearly thirty products from a growing group of the world’s emerging designers.

 

Recent launches include their first upholstered product, the Alfa Sofa by Takagi Homstvedt, and a limited-edition collaboration with famed colorist Ellen Van Dusen on their best-selling Cleo Chair by Stine Aas. As the company grows, Kim said the goal is to explore new ways to add value to the design community, as well as encourage progress and inclusion at the leading edge of design.

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