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Digital interior design platform Havenly raises additional $5.8M

The company wants to create a dream online experience for decor
  • Havenly, a national online design platform, has raised $5.8 million in Series A2 funding led by Binary Capital and existing investors Foundry Group and Chicago Ventures.
  • The company will use the $5.8M to increase its team, improve its front and back-end design, implement a streamlined communication process with designers and produce better design renderings.

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Havenly, a national online interior design platform, has raised an additional $5.8 million during its Series A2 round of funding, led by Binary Capital and existing investors Foundry Group and Chicago Ventures. This announcement comes on the heels of the company's $7.5 million Series A funding in November 2015, bringing its total funding to $13.3 million to date. Company offers personalized design advice Havenly aims to make professional interior design available to everyone through an accessible, easy-to-use platform. New customers take a style quiz to determine their taste, and for $79 flat fee, one of the company's designers will provide consulting services. At the end of the process, customers will receive a design rendering and a list of furniture and decor to achieve the look. In a press release, the company boasts a 900 percent year-over-year increase in revenue and a 100 percent increase in the number of employees within the last quarter. Moreover, CEO and...