CORT Business Services Corporation
CORT Business Services Corporation is a Berkshire Hathaway subsidiary that rents residential, commercial, and event furniture on flexible monthly subscriptions to individuals in transition and businesses, supplemented by an outlet channel and an integrated apartment search service.
- Company typePrivate
- Founded1972
- HeadquartersChantilly, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What CORT Business Services Corporation does
CORT Business Services Corporation is a US-based furniture rental company and wholly-owned subsidiary of Berkshire Hathaway. The company provides subscription-based rental of household, office, and event furniture to individuals in transition and commercial clients, with flexible lease terms ranging from 1 to 12+ months and pricing that decreases with longer commitments. Entry-level packages for students and military personnel start at $139 per month for a three-room configuration. CORT also operates a secondary retail channel, the CORT Furniture Outlet, which sells retired rental inventory at up to 70% off retail prices, and an integrated apartment locator service, ApartmentSearch by CORT, with over 35,000 listed properties.
The company's operations rest on a proprietary e-commerce platform with 3D product visualization, an inventory management system, and CORT Construction Standards specifying durability requirements for multi-cycle rental use. Distribution is hybrid: an online storefront (cort.com), more than 50 retail showrooms across 30+ US states, a dedicated enterprise sales force for commercial clients, and the CORT Global Network extending service to 85+ countries through international partners such as Roomservice by CORT in the UK. The company delivers to nearly 5,000 US cities and towns annually.
Revenue is generated primarily through recurring monthly rental subscriptions across three business units — Residential, Commercial (including the Furniture-as-a-Service™ offering for workplaces), and Events — supplemented by outlet sales and ancillary relocation services. CORT holds ISO 27001 certification for information security management and has registered trademarks including Move-In Ready®, Furniture-as-a-Service™, Furniture On Your Terms™, and The CORT Commitment™. The customer base spans individual consumers, corporations across at least a dozen industry verticals, higher education institutions, multifamily housing operators, home staging firms, event planners, and disaster relief agencies.
CORT Business Services Corporation firmographics
Firmographics- Name
- CORT Business Services Corporation
- Legal name
- CORT Business Services Corporation
- Website
- https://cort.com
- Company type
- Private
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- CORT Business Services Corporation is a Berkshire Hathaway subsidiary that rents residential, commercial, and event furniture on flexible monthly subscriptions to individuals in transition and businesses, supplemented by an outlet channel and an integrated apartment search service.
- Ownership category
- akta.pro rank
CORT Business Services Corporation industry classification
Industry- Product category
- Furniture Rental Services
- NAICS
- Consumer Goods Rental (5322), Other Consumer Goods Rental (53228)
- SIC
- Retail-Furniture Stores (5712), Retail-Home Furniture, Furnishings & Equipment Stores (5700)
- akta.pro primary industry
- Furniture Rental (Living, Dining, Bedroom) (CRAIAOAA)
- akta.pro secondary industries
- Corporate, Event & Staging Furniture Rental (Short-Term) (CRAIAOAG), Home Office Furniture Rental (Desks, Chairs, WFH Bundles) (CRAIAOAL), Student & Campus Housing Furnishings Rental (CRAIAOAH), Furniture & Home Furnishings Leasing (FSAKANAD)
Keywords
Where CORT Business Services Corporation is headquartered
LocationHeadquarters
- HQ city
- Chantilly
- HQ country
- United States
- HQ region
- North America
Offices27 records
Markets served
CORT Business Services Corporation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Furniture Rental - Residential: Monthly subscription-based rental fees for home furniture with flexible lease terms ranging from 1-12 months. Pricing decreases with longer lease lengths. Includes delivery, setup, and pickup services.
- Furniture Rental - Commercial: Business solutions for office furniture rental including flexible workspace solutions, conference rooms, and corporate event furniture with customized contract terms.
- Event Furniture Rental: Temporary furniture rental for tradeshows, corporate events, and special occasions with delivery, setup, and pickup services.
- Furniture Outlet Sales: Sale of previously rented furniture at discounted prices (up to 70% off retail) through the CORT Furniture Outlet, providing secondary revenue from retired rental inventory.
- Related Services: Ancillary revenue from services including apartment search assistance (ApartmentSearch), relocation assistance, and international furniture rental through CORT Global Network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Student Package Specials - Starting at $139/month |
| Subscription | Monthly | Military Package Specials - Starting at $139/month |
| Subscription | Monthly | Flexible Lease Terms - 1 to 12+ months |
| Subscription | Monthly | Move-In Ready Home Packages |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
CORT Business Services Corporation product offering
Product offeringCore offering
CORT rents residential, office, and event furniture to individuals and businesses on flexible 1–12+ month leases, with delivery, setup, and pickup included. The company also sells previously rented furniture at up to 70% off retail through the CORT Furniture Outlet and supports customers with ancillary relocation services such as ApartmentSearch.
Differentiator
Problem solved
Functional benefit
Brands
- Move-In Ready® Packages: Pre-configured furniture packages for homes, students, and military personnel
- Furniture-as-a-Service™
- CORT Clean Certified
- ApartmentSearch®
- CORT Events
- CORT Global Network
Products and services
- Home Furniture Rental
Companies that use CORT Business Services Corporation
Customer profileSegments7 records
Ideal customer profiles5 records
CORT Business Services Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
CORT Business Services Corporation partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered strategic and core.
- ApartmentSearchstrategicCORT owns and operates ApartmentSearch, an apartment locator service with over 35,000 properties nationwide. This partnership enables CORT to offer comprehensive relocation assistance to furniture rental customers.
- CORT Global NetworkcoreInternational network of furniture rental partner companies operating in 85+ countries. Partners include Roomservice by CORT (UK) enabling CORT to serve customers relocating internationally.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
CORT Business Services Corporation competitors and assessment
Company assessmentBroad incumbents
- Wayfair: Largest US online furniture retailer with broad assortment and fast delivery; competes for the same transition/move-in customer by collapsing lead times on purchased furniture.
- Rent-A-Center: Large rent-to-own retailer offering furniture, appliances, and electronics on lease-to-own agreements; overlaps with CORT's residential rental use case at lower price points and different credit profile.
- IKEA: Global low-cost furniture retailer offering affordable purchase options; represents the dominant alternative to CORT for price-sensitive consumers evaluating rent-vs-buy.
- Aaron's Holdings: National lease-to-own operator with a furniture-heavy product mix; comparable to CORT in serving consumers who need immediate access to home furnishings without upfront purchase.
Direct peers
- CORT Party Rental: Wholly-owned CORT subsidiary focused on event and party furniture rental; comparable to the CORT Events division within the same parent organization.
- Brook Furniture Rental (now Bryck): Long-standing US furniture rental company serving residential and corporate customers with showrooms nationwide; CORT's closest legacy competitor in home and office furniture rental.
- Roomservice by CORT: CORT's UK-based subsidiary/affiliate operating the same furniture rental model internationally; represents the company's own international expansion vehicle and a benchmark for the CORT brand abroad.
Emerging players
- Fernish: Subscription-based furniture rental brand for residential customers in major US metros; direct competitor to CORT's Move-In Ready packages with a more curated modern aesthetic.
- Oliver Space: Furniture rental company focused on urban professionals and corporate housing clients; overlaps with CORT's relocating-customer segment on the West Coast.
- Feather: DTC furniture and home goods rental startup targeting urban millennials and corporate relocation; competes with CORT's transition-customer segment using a digital-first subscription model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
CORT Business Services Corporation social profiles
Digital presenceCORT Business Services Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
CORT Business Services Corporation leadership team
Management profileNumber of profiles
CORT Business Services Corporation subsidiaries and ownership
Company hierarchySubsidiaries6 records
CORT Business Services Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CORT Business Services Corporation M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CORT Business Services Corporation
What does CORT Business Services Corporation do?
CORT rents residential, office, and event furniture to individuals and businesses on flexible 1–12+ month leases, with delivery, setup, and pickup included. The company also sells previously rented furniture at up to 70% off retail through the CORT Furniture Outlet and supports customers with ancillary relocation services such as ApartmentSearch.
Is CORT Business Services Corporation a public or private company?
CORT Business Services Corporation is a private company. It is classified as corporate owned and is currently operating.
When was CORT Business Services Corporation founded?
CORT Business Services Corporation was founded in 1972. It employs 1,001 to 5,000 people.
Where is CORT Business Services Corporation based?
CORT Business Services Corporation is headquartered in Chantilly, United States, in the North America region.
How does CORT Business Services Corporation make money?
Five revenue lines are on record. Furniture Rental - Residential is the primary driver. The others are furniture Rental - Commercial, event Furniture Rental, furniture Outlet Sales and related Services.
Who are CORT Business Services Corporation's main competitors?
Broad incumbents on record are Wayfair, Rent-A-Center, IKEA and Aaron's Holdings. Direct peers are CORT Party Rental, Brook Furniture Rental (now Bryck) and Roomservice by CORT. Emerging players are Fernish, Oliver Space and Feather.
Does CORT Business Services Corporation have an API?
No public API is recorded for CORT Business Services Corporation.
What industry is CORT Business Services Corporation in?
CORT Business Services Corporation's product category is Furniture Rental Services. Its primary akta.pro industry code is CRAIAOAA, Furniture Rental (Living, Dining, Bedroom), with a secondary code of CRAIAOAG, Corporate, Event & Staging Furniture Rental (Short-Term). Its NAICS code is 5322 and its SIC code is 5712.