# Kaiyo

> Kaiyo was a New York furniture resale marketplace that handled pickup, inspection, cleaning, photography, storage and delivery for pre-owned furniture. It offered consignment-like revenue sharing and an Instant Offer option, expanded to California in 2022, and wound down in August 2024 amid reports of unpaid seller proceeds.

- **Founded:** 2014
- **Headquarters:** New York, United States
- **Founders:** Alpay Koralturk (Founder and former CEO)
- **Products:** Managed furniture resale marketplace, Instant Offer, In-person shopping pop-up
- **Notable:** Announced USD 36 million of combined equity and debt financing in March 2022., Launched Los Angeles service in July 2022., Company reported nearly three million pounds of furniture diverted from landfills by March 2022.

## Products & services

- **Managed furniture resale marketplace** — Historical service for approved pre-owned furniture, with pickup, cleaning, photography, storage and buyer delivery. Wound down in 2024.
- **Instant Offer** — Historical option to accept a payout offer after pickup instead of awaiting resale; the launch promised checks mailed within two business days of cash-out.
- **In-person shopping pop-up** — First in-person shopping event at Not-a-Normal Market in New York in June 2024.

## Achievements

- Announced USD 36 million of combined equity and debt financing in March 2022.
- Launched Los Angeles service in July 2022.
- Company reported nearly three million pounds of furniture diverted from landfills by March 2022.
- Founder featured in Apartment Therapy’s Design Changemakers 2022.

## Latest updates

- **2024-08** — Business of Home and Modern Retail reported an orderly wind-down and seller payout complaints; correspondence said operations would continue only through the end of August.
- **2024-06** — First in-person shopping event sold 30% of displayed inventory, according to Modern Retail.
- **2023-09** — Released third annual furniture trend report.

## Links

- Website: https://kaiyo.com/
- LinkedIn: https://www.linkedin.com/company/getkaiyo/
- Twitter/X: https://twitter.com/Kaiyo
- Instagram: https://www.instagram.com/getkaiyo/
- Facebook: https://facebook.com/GetKaiyo

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Profile page: https://yespress.io/kaiyo
Published by YesPress — https://yespress.io
Last updated: 2026-10-04