Furlenco Overview
- Year Founded
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2012
- Status
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Private
- Employees
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398
- Latest Deal Type
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Later Stage VC
- Investors
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24
Furlenco General Information
Description
Developer of an online renting platform designed to offer furniture on a subscription basis. The company's platform offers furniture for living rooms, bedrooms, and dining rooms, along with a host of benefits that include free relocation, free swap, free deep-cleaning services, and damage waivers, enabling homeowners to rent furniture and appliances for residential use.
Contact Information
Website
www.furlenco.comCorporate Office
- 2nd, 3rd & 4th Floor, Krishna Annex, Survey Number 8/12, 9/183
- Opposite Central Silk Board Junction, Hosur Road, Sector-6, HSR Layout
- Bengaluru, Karnataka 560068
- India
Corporate Office
- 2nd, 3rd & 4th Floor, Krishna Annex, Survey Number 8/12, 9/183
- Opposite Central Silk Board Junction, Hosur Road, Sector-6, HSR Layout
- Bengaluru, Karnataka 560068
- India
Furlenco Timeline
Furlenco Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
16. Later Stage VC | 08-Oct-2024 | Completed | Generating Revenue | |||
15. Later Stage VC | 17-Jul-2023 | Completed | Generating Revenue | |||
14. Secondary Transaction - Private | Completed | Generating Revenue | ||||
13. Debt Refinancing | 11-Apr-2022 | Completed | Generating Revenue | |||
12. Debt - General | 21-Nov-2021 | Completed | Generating Revenue | |||
11. Later Stage VC (Series D) | 05-Jul-2021 | Completed | Generating Revenue | |||
10. Debt - General | 21-Jan-2021 | Completed | Generating Revenue | |||
9. Later Stage VC (Series D) | 02-Apr-2020 | Completed | Generating Revenue | |||
8. Later Stage VC (Series C) | 11-Feb-2020 | $2.24M | $57.7M | Completed | Generating Revenue | |
7. Debt - General | 01-Jul-2019 | $1.26M | $55.4M | Completed | Generating Revenue |
Furlenco Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | 1,633,917 | $0.135420 | $2.05 | $2.05 | 1x | $2.05 | 5.16% | |
Preference | 1,324,797 | $0.135420 | $2.03 | $2.03 | 1x | $2.03 | 4.18% |
Furlenco Comparisons
Industry
Financing
Details
Furlenco Competitors (6)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Pepperfry | Venture Capital-Backed | Mumbai, India | ||||
Fernish | Formerly VC-backed | Los Angeles, CA | ||||
RentoMojo | Venture Capital-Backed | Bangalore, India | ||||
Cityfurnish | Venture Capital-Backed | Gurugram, India | ||||
Rentickle | Venture Capital-Backed | Delhi, India |
Furlenco Signals
Furlenco Investors (24)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Sheela Foam | Corporation | Minority | ||
Aditya Burman | Angel (individual) | Minority | ||
Alteria Capital | Venture Capital | Minority | ||
N+1 Capital (India) | Venture Capital | Minority | ||
Parekh Family Office | Family Office | Minority |
Furlenco FAQs
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When was Furlenco founded?
Furlenco was founded in 2012.
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Where is Furlenco headquartered?
Furlenco is headquartered in Bengaluru, India.
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What is the size of Furlenco?
Furlenco has 398 total employees.
-
What industry is Furlenco in?
Furlenco’s primary industry is Other Services (B2C Non-Financial).
-
Is Furlenco a private or public company?
Furlenco is a Private company.
-
What is Furlenco’s current revenue?
The current revenue for Furlenco is
. -
How much funding has Furlenco raised over time?
Furlenco has raised $270M.
-
Who are Furlenco’s investors?
Sheela Foam, Aditya Burman, Alteria Capital, N+1 Capital (India), and Parekh Family Office are 5 of 24 investors who have invested in Furlenco.
-
Who are Furlenco’s competitors?
Pepperfry, Fernish, RentoMojo, Cityfurnish, and Rentickle are some of the 6 competitors of Furlenco.
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