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Furlenco
About
Furlenco is a subscription-based furniture rental platform that allows users to rent furniture on a monthly basis.
- 251 - 500
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- ₹200M
- Industries
- Furniture,Home Decor,Home Improvement,Rental,Subscription Service
- Founded date
- Jan 1, 2012
- Number Of Employee
- 251 - 500
- Operating Status
- Active
Furlenco is a home furniture subscription program based out of Bangalore. Founded by Ajith Karimpana in 2012, Furlenco was born out of his frustration at finding well-designed, sophisticated, and affordable furniture to rent for his home.Furlenco offers a range of curated home furniture experiences, designed to suit the lifestyle needs of varied audiences spanning students to families and expatriates. The company's solutions are convenient, cost-effective and offer access to quality furniture with the added advantage of being able to exchange it at will depending on the client's requirements.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 23, 2022 | Debt Financing | ₹753M | 3 |
Klub
|
— | Detail |
| Jan 21, 2021 | Debt Financing | ₹200M | 1 |
BlackSoil
|
— | Detail |
| Nov 9, 2020 | Debt Financing | ₹530M | 1 |
|
— | Detail |
| Feb 11, 2020 | Series C | ₹160M | 1 | — | — | Detail |
| Aug 23, 2019 | Debt Financing | ₹70M | 1 |
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Klub
|
Yes | Debt Financing |
|
BlackSoil
|
Yes | Debt Financing |
|
|
Yes | Debt Financing |
InnoVen Capital
|
Yes | Series Unknown |
|
|
— | Debt Financing |
|
|
— | Debt Financing |
|
|
— | Series C |
Signet Chemical Corporation
|
— | Series Unknown |
|
|
— | Debt Financing |
