Wayfair is growing so fast, the home decor e-commerce company has already outgrown its new Back Bay headquarters before moving in.
The company said today it has more than doubled the space it is leasing in The Offices at Copley Place, upping the square footage to 275,000 square feet. Last spring, Wayfair announced the move, planned for June, and said it would occupy 105,000 square feet.
"With more than 1,600 employees, Wayfair is quickly becoming one of the largest employers in Boston," said Niraj Shah, CEO and co-founder of Wayfair. "We are proud of our Boston roots and believe our location in the Back Bay is optimal for attracting and retaining top talent. We are excited to expand our footprint in the city of Boston and look forward to our move later this year."
Currently headquartered at 177 Huntington Ave, Wayfair saw nearly $1 billion in sales last year, and is expected to file for an IPO this year. The company is reported to be speaking to banks about the deal. Wayfair has raised $201 million in venture financing.
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