Everything But The House

EBTH, Inc.
Headquarters Cincinnati, Ohio
Founder(s) Jacquie Denny
Brian Graves
Key people Andy Nielsen (CEO)
Jon Nielsen (Chief Revenue Officer)
Industry Online Estate Sales
Website
Current status Active

Everything But The House (EBTH) is an online auction service that specializes in estate sales.[1] EBTH catalogs, photographs and lists items online during estate sales and ships to buyers.[2] Bids for items like artwork from over a dozen categories start at $1.[3] Founders Jacquie Denny and Brian Graves conceived of the idea in 2008 when they realized that in-person estate sales are limited to a few buyers, who sometimes make money by reselling items online.[4]

History

The company has grown from 2 founders in 2008, to 19 employees in 2011, to 500 employees in 2016.[5] At the outset of 2016, the service was available in 17 cities across the U.S., with plans to enter another 12 this year.[5]

EBTH received $13 million in Series A round funding in November 2014, at an unknown valuation. In August 2015, the company raised $30 million in Series B financing. Both rounds were led by Greycroft Partners in New York and Spark Capital in Boston.[6][7]

In March 2016, EBTH announced plans for an international expansion. According to CEO Andy Nielsen, there has been bidding activity in 46 different countries.[8] An international office location is set to be open in 2016.

In May 2016, EBTH announced a partnership with Leading Real Estate Companies of the World that would make EBTH a preferred estate sale partner, which means the company can be recommended by LeadingRE's subsidiary real estate firms.[2]

Charitable Contributions

EBTH partnered with country singer Tanya Tucker in 2016 to host a charity estate sale with a percentage of profits going towards Sweet Relief Musicians Fund.[9] The first of two online auctions took place in June 2016 and included 500 items, one being a pink 1992 Harley Davidson. Two additional auctions will be held that will collectively include an additional 1,000 items.[10]

References

  1. ↑ Taub, Alexander. "Everything But The House Takes Its Estate Sale Marketplace Nationwide With New Redesign". Forbes. Retrieved 2016-06-07.
  2. 1 2 "Everything but the House's latest deal will 'dramatically' increase business". Cincinnati Business Courier. Retrieved 2016-06-07.
  3. ↑ "10 ways to find real art for a bargain - The Boston Globe". Retrieved 2016-07-20.
  4. ↑ "This estate sale revolutionizes how buyers, sellers connect". Asbury Park Press. Retrieved 2016-06-07.
  5. 1 2 "Everything but the House plans international expansion - Cincinnati Business Courier". Cincinnati Business Courier. Retrieved 2016-06-07.
  6. ↑ Magee, Christine. "Everything But The House Raises $30M To Move Estate Sales Online". TechCrunch. Retrieved 2016-06-07.
  7. ↑ "Behind the deal: How Everything but the House raised $43M".
  8. ↑ Monk, Dan (2016-03-16). "Everything But The House plots global expansion". WCPO. Retrieved 2016-06-07.
  9. ↑ "Headline of the Day - June 9, 2016 by Neil Haislop". Retrieved 2016-06-28.
  10. ↑ "Own piece of Tanya Tucker's country music history". Retrieved 2016-06-28.
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