Founded in 2014 by David Wei, Ivan Lim and Richard Li, Brosa operates an online platform that facilitates browsing, selection and purchase of furniture. Since its Series A, the company expanded headcount from 25 to 70 and built a 10,000 square metre distribution centre. Brosa has launched more than 2,000 new products and says orders have grown more than tenfold in the last two years. The company has opened physical outlets called Brosa Studio, with the first operating in Melbourne, and reports lucrative revenue per square metre at that location. Management plans to use new capital to open more real-world shopfronts and to hire senior talent in software engineering, technology and the furniture industry. Investors and company statements highlight Brosa’s use of technology and data science to modernize the traditional furniture-buying experience. Brosa operates an online marketplace where furniture designers and creators can sell directly to customers, offering sofas, chairs, tables and bedroom furniture. The platform emphasizes a wider, unique range of pieces that customers can buy without the retail mark-up. Launched in February 2014 by Ivan Lim and Richard Li, Brosa is headquartered in Melbourne, Australia. The company recently raised $2M in funding to support growth. Brosa intends to use the funds to expand the team, hiring an in-house digital marketer and additional developers. No operating metrics or revenue figures were disclosed in the article.

Total raised

$7M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2017