Berlin-based furniture brand Hem is reportedly selling itself. The latest pivot from Fab.com founder Jason Goldberg has had several offers, but it appears Swiss brand Vitra is the likely buyer.
Hem launched in September 2014, and in a one year anniversary post, Goldberg toted that the product line has nearly quadrupled, and that they've sold "tens of thousands" of units.
The deal is said to be worth $20 million.
(Image credits: Hem)