Cityfurnish
Netaji Subhash Marg, 819, 3rd-4th Floor, Gurugram, Haryana, 122018, India
Overview
Cityfurnish is an online furniture-rental platform founded in 2015 that lets customers rent furniture as an alternative to buying for flexible requirements. The company operates a full-stack model, designing furniture in-house using solid sheesham wood and controlling last-mile delivery and assembly. Its service proposition includes 72-hour free delivery plus free maintenance, relocation and upgrade options. Cityfurnish says it turned profitable and recorded more than 100% growth in revenue through 2022. It is present in Delhi NCR, Bengaluru, Mumbai, Pune, Hyderabad and Chennai and plans to expand operations, strengthen brand positioning and enhance technology and city presence by 2025. The company has raised $10 million to date in equity and debt. CityFurnish is an India-based startup that offers rental of furniture and consumer appliances to consumers. The company operates a platform for customers to rent household furniture and appliances on flexible terms. The article reports a recent $5 million funding round. Investors named in the round include Gmail founder Paul Buchheit, Youtube founder Steve Chen, and venture firms Global Founders Capital, Venture Highway, Soma Capital, SCM Advisors and Boomerang Ventures. The article does not disclose valuation, revenue, user metrics, or specific use of proceeds. No additional future plans or operating metrics were provided in the article.
- Total raised
- $8M
- Funding rounds
- 2
- Latest round
- Debt Financing
- Latest activity
- Nov 2022
Industries
- E-Commerce
- Furniture
- Home Renovation
- Rental
Recent funding
Debt Financing
Nov 2022
$3M
Equity
Jun 2019
$5M