DENVER, Colo. - Havenly, an online interior design platform, raised approximately $5.8 million in funding enabling the startup to expand its staff by 25 percent this year and enhancing its online infrastructure including its algarithms and technological features.
Launched in 2014, Havenly is an online interior design service that allows anyone to create a room by matching users with dedicated contract designers who will decorate and shop the space starting at $79. Using an an online style quiz to find the best interior design aesthetic and pieces, Havenly allows users and designers to virtually work together to create the perfect curated space for any budget. The Denver, Colorado-based company has seen a 900 percent year-over-year increase in revenue and has raised approximately $13.3 million in total so far from the following investors: Binary Capital, Foundry Group and Chicago Ventures.
“We see more than a 50 percent customer return rate following a user’s first transaction on Havenly, and it’s really a testament to how we’re providing a service that people not only need but genuinely enjoy,” said Lee Mayer, CEO & Co-founder of Havenly. "This new round of funding will allow us to further tailor our platform to our user’s needs and allow us to continue to attract the best design talent in the country. We couldn’t be more excited about our traction to date, and to continue to make the design process as easy and efficient as possible
The Havenly design process works in five steps: 1) take the free online style survey, 2) create a Havenly profile to access professional interior designers, 3) upload photos of the space to be styled, share style preferences and dream room vision and a free phone consultation with the designer is available, 4) after receiving two design concepts, choose one and provide the designer with feedback - additional revisions are available, and 5) Havenly will fill shopping list with everything recommended i as well as handy alternates, choose items to purchase and Havenly will order and arrange delivery for all of items.
For more information, visit www.havenly.com.
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