Furlenco

company

About

Furlenco is a subscription-based furniture rental platform that allows users to rent furniture on a monthly basis.

  • 251 - 500

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
₹200M
Industries
Furniture,Home Decor,Home Improvement,Rental,Subscription Service
Founded date
Jan 1, 2012
Number Of Employee
251 - 500
Operating Status
Active

Furlenco is a home furniture subscription program based out of Bangalore. Founded by Ajith Karimpana in 2012, Furlenco was born out of his frustration at finding well-designed, sophisticated, and affordable furniture to rent for his home.

Furlenco offers a range of curated home furniture experiences, designed to suit the lifestyle needs of varied audiences spanning students to families and expatriates. The company's solutions are convenient, cost-effective and offer access to quality furniture with the added advantage of being able to exchange it at will depending on the client's requirements.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
₹1.76B $1.50M
Furlenco has raised a total of ₹1.76B $1.50M in funding over 2 rounds. Their latest funding was raised on Feb 23, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 23, 2022 Debt Financing ₹753M 3 Klub Detail
Jan 21, 2021 Debt Financing ₹200M 1 BlackSoil Detail
Nov 9, 2020 Debt Financing ₹530M 1 Rangoli Resorts Detail
Feb 11, 2020 Series C ₹160M 1 Detail
Aug 23, 2019 Debt Financing ₹70M 1 Chowdry Associates Detail

Investors

Number of Lead Investors
Number of Investors
5
9
Furlenco is funded by 9 investors. Klub and BlackSoil are the most recent investors.
Investor Name Lead Investor Funding Round
Klub Yes Debt Financing
BlackSoil Yes Debt Financing
Rangoli Resorts Yes Debt Financing
InnoVen Capital Yes Series Unknown
United oxygen Debt Financing
Eudora Ventures Debt Financing
Chowdry Associates Series C
Signet Chemical Corporation Series Unknown
M Krishna Sindhuri Private Trust Debt Financing