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Overstock.com operates an online retail platform specializing in discounted home goods and furniture. It curates a selection of items, offering deals across categories like furniture, patio, rugs, and jewelry. As a brand under Beyond, Inc., Overstock.com provides value-driven products, complementing its parent company's e-commerce portfolio with clearance and promotional assortments.
The company's origins trace to 1997 when Robert Brazell founded D2: Discounts Direct. After a bankruptcy, Patrick M. Byrne and Jason Lindsey acquired the enterprise in 1999, rebranding it as Overstock.com. Their insight focused on leveraging the internet to efficiently liquidate surplus and distressed merchandise, transforming closeout sales into an accessible online retail model.
Overstock.com primarily serves value-conscious consumers seeking affordable home products. Aligned with Beyond, Inc.'s mission, its vision connects customers with products that enhance living spaces through significant savings. By expanding offerings and emphasizing value, Overstock.com aims to grow its active customer base and increase market share for discounted home furnishings.
Key people at Overstock.com.
Overstock.com has 1 tracked investment across 1 company. The latest tracked deal is $8.0M Series A in Factom in April 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 18, 2017 | Factom | $8.0M Series A | — | Draper Associates, Fenbushi Capital, Harvest Equity, Harry (zhiyong) QIN, Plug And Play Ventures, Stewart Title |
Key people at Overstock.com.