Meural builds the Canvas digital art frame, a second-generation 27-inch HD display tuned to resemble real canvas. The company has expanded retail distribution to 137 brick-and-mortar stores across the U.S., Canada, the U.K., Germany, France and the Netherlands, including partners such as Best Buy Canada, Lowe’s Smart Home locations, Micro Center and Selfridges. Its Canvas will be on sale in those locations in time for the holiday shopping season. Meural raised $5 million in a Series A led by Corigin Ventures, with participation from Netgear, Resolute Venture Partners and assorted angels. The new funding brings Meural’s total capital raised to $9 million to date, after a $3 million seed round in April 2016 also led by Corigin Ventures. The company says the funding will be used to increase in-person exposure to drive mainstream consumer adoption. Meural builds a digital, connected canvas that streams art directly to users’ walls. The canvas features gesture control, an LCD display encased in a handcrafted maple wooden frame, and is available in three frame styles/colors (black, white, and lightbox). It ships with a companion free app that lets users select, curate, discover, and upload artwork. Meural has signed partnerships with Bridgeman Images, Sedition, Lomography and Eyes on Wall to source content for users. The company plans to use the seed financing to enhance marketing and R&D and to augment production and manufacturing infrastructure. Founded in 2014 and based in New York City, Meural is positioning its product for wider consumer adoption.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2017