Made.com raises another $56 million

Made.com Raises £40m in Funding

Made.com, a British startup selling quality furniture at affordable prices, has secured a $56 million investment led by a new tier 1 global institutional investor. Existing investors Partech Ventures, Level Equity, and Eight Roads Ventures are also participating in the round. This funding comes as Made.com reports profitability in the UK, France, Belgium, the Netherlands, and Luxembourg in 2017, with the company overall generating a net revenue of $178 million (£127 million). Made.com's success is attributed to its vertically integrated model, controlling manufacturing and e-commerce, which allows them to offer competitive prices. The company's CFO, Adrian Evans, previously worked at Yoox Net-A-Porter, suggesting a potential IPO in the future. 

Made.com Secures $56 Million Investment as It Targets Growth and Potential IPO

Made.com is a British startup that sells quality furniture at an affordable price. The company wants to disrupt high-end furniture stores by controlling everything from manufacturing to the e-commerce platform. This way, the company doesn’t have to pay as many middle players and can offer cheaper prices. Made.com has been profitable in the U.K., France, Belgium, the Netherlands and Luxembourg in 2017 and is currently cashflow positive. The company has generated a net revenue of $178 million (£127 million) in 2017, representing a 40 percent increase compared to 2016.

Made.com is a British startup that sells quality furniture at an affordable price, aiming to disrupt the high-end furniture market.

7 years ago

Made.com Secures $56 Million Investment as It Targets Growth and Potential IPO

ProblemConsumer Goods

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