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Exclusive: Wayfair Raises Around $150 Million In Funding


Ron Burgundy
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Wayfair, the online home-furnishings site, is raising around $150 million at a valuation of around $2 billion, according to a person familiar with the matter, underscoring the appeal of select online retailers. T.Rowe Price led the Wayfair funding round, the person familiar with the investment told Reuters late on Thursday. Spokeswomen for Wayfair and T. Rowe Price declined to comment. Not all venture-backed online retailers are thriving.

 

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