Online home goods retailer Wayfair LLC on Friday filed papers for an initial public offering of stock that could raise up to $350 million, which would represent one of the largest tech IPOs for Massachusetts in recent years.
The filing with the US Securities and Exchange Commission sets the stage for Boston-based Wayfair to go public as soon as this fall.
The filing shows revenue of $574 million during the first half of this year, compared to its 2013 full-year revenue of $915 million. Wayfair generated a net loss of $51 million during the first half of the year, far above the $8 million net loss a year earlier.
Wayfair was founded in 2002, selling furniture, lighting, and other home goods on more than 200 niche websites. After dropping the name CSN Stores and adopting the Wayfair moniker, the company consolidated its products on a single site in 2011 and 2012.
Wayfair has raised $363 million, all of it since 2011, including a $157 million round disclosed in March. That makes its the best-funded privately held tech company in Massachusetts. Wayfair employs 900 in Boston. The company plans to use the proceeds from the IPO for expanding its business.
Kyle Alspach can be reached at kyle.alspach@globe.com. Follow him on Twitter @KyleAlspach and on betaboston.com.