Home / News / Burrow raises $four.3M for its modular sofa

Burrow raises $four.3M for its modular sofa


burrow raises 4 3m for its modular sofa - Burrow raises $four.3M for its modular sofa

Burrow, a startup bringing a Casper-style method to production and handing over sofas, is pronouncing that it has raised $four.three million in seed investment.

This would possibly would possibly now not sound like the obvious house for a startup to take on — until you’ve had the revel in of seeking to raise a sofa up a twisty flight of stairs, or making an attempt to squeeze it via a slim doorway.

Burrow’s sofas are delivered in a compact field, and meeting is simplest meant to take 10 mins, no equipment required. They even have a modular design that makes them more uncomplicated to transport from area to deal with or rental to rental, and to amplify with extra seats if in case you have a bigger residing house.

You should buy Burrow’s sofas in one-, two-, three- or four-seat configurations — the 3 seater lately prices $1,095, with loose delivery and a 30-day trial.

Stephen Kuhl defined by means of e mail that he and his co-founder Kabeer Chopra got here up with the theory whilst they had been learning at The Wharton School on the University of Pennsylvania, once they each had unfavourable studies purchasing couches — Chopra needed to wait weeks for his West Elm sofa, which he carried house to keep away from the delivery price, whilst Kuhl spent hours assembling his Ikea sofa.

“Typically, sofas are either cheap, flimsy and extremely annoying to set up or heavy, expensive and take months to ship,” Kuhl mentioned. “Simply put, there is no affordable, convenient sofa for the modern consumer. Either buy something that’s basically disposable or overpay for something that may not even fit through the front door of your next home.”

The Y Combinator-backed startup introduced in April and says it’s been rising 20 % month-over-month since then, lately hitting a $7 million annualized income run fee. It’s additionally expanded its product lineup with a chaise sectional and an ottoman, and it moved its production from Mexico City to Mississippi.

The seed spherical used to be led via Red & Blue Ventures (a company taken with startups popping out of the University of Pennsylvania), with participation from Interplay Ventures, Twitch.television Founder Justin Kan, Y-Combinator CEO Michael Seibel and retail government Ken Pilot.

“Burrow is the most exciting consumer products company out of Wharton since Warby Parker,” mentioned Brett Topche, managing director at Red & Blue Ventures, within the investment announcement.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

%d bloggers like this: