The home furnishings retailer set the value as it filed additional paperwork for its planned initial public offering of stock. The company aims to raise up to $354 million in its IPO.

Wayfair Inc., the online home furnishings retailer, has set its value at over $2 billion in documents filed in advance of its initial public offering of stock.

The e-retailer projected an initial share price of $25 to $28. As the company says there will be 82,756,943 shares outstanding after the IPO, that would value the company at between $2.07 and $2.32 billion.

Wayfair, No. 45 in the 2014 Internet Retailer Top 500, says it aims to sell 12.65 million shares, raising up to $354 million in the IPO. The e-retailer has applied to list its shares on the New York Stock Exchange under the symbol W.