business Overview
| HQ | placeBoston Area |
| Business | Furniture e-commerce |
| Founded | access_time 21 years ago (founded August 2002) |
TrueUp Trajectory Score | 11 /100 |
| Employees | 17,000 TrueUp Rank #77 |
| Valuation | $4.5 billion TrueUp Rank #450 all-time high: $41 B (-89%) 1 year ago: $6.7 B (-32%) 5 years ago: $10 B (-56%) |
| Public / Private | Public ($W) |
| Lists | Commerce |
Wayfair is a Furniture e-commerce company with 271 job openings. It is currently valued at $4.5 billion as a public company. 17,000 people work at Wayfair. The company was founded in 2002.
Wayfair grid
Employee happiness →
Growth →
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local_atm Financials
| Valuation | $4.5 billion TrueUp Rank #450 52 wk high: $8.6 B (-47%) 1 year ago: $6.7 B (-32%) 5 years ago: $10 B (-56%) |
| Revenue trailing 12 months | $12 billion TrueUp Rank #61 |
| Revenue growth vs. same quarter last year | -9% TrueUp Rank #404 |
| MULTIPLES | |
| Valuation / Revenue | 0.4x |
| Valuation per employee | $0.3 million |
| Revenue per employee | $0.7 million |
phonelink Products
| Top products | - Wayfair |
| Primary customer type | emoji_people B2C |
emoji_people Culture
| Glassdoor employee reviews | 49% would recommend Wayfair to a friend (5,297 reviews) worse than 92% of tech co's 55% approve of the CEO Niraj Shah (2,559 reviews) worse than 91% of tech co's |
rule Policies
| % of open jobs that are remote | 2% |
| public H1B sponsorships approved in 2022 | 73 TrueUp Rank #29 |
card_giftcard Benefits (US)
Benefit info not yet available add_boxsubmit data
history Other info
| IPO date | Aug 15, 2014 (9 years ago) |
| Top owners at IPO | 28.9% - Niraj Shah 28.9% - Steven Conine 11.4% - Great Hill Partners 7.0% - HarbourVest Partners 6.2% - Battery Ventures 4.4% - Spark Capital |
| Founder ownership at IPO | 57.8% |
| Implied founder equity split | 50% - Niraj Shah 50% - Steven Conine |
