4 years ago

Lick Secures $22M Series A to Redefine Sustainable Home Decor

  • London-based online home decor startup Lick has raised $22 million in a Series A funding round led by OMERS Ventures

  • Existing investors Felix Capital and angel investors including Magnus Rausing, Alex Chesterman, and Kathaka also participated

  • The company will use the funds to expand its sustainable product offerings, launch new sustainability initiatives, and grow its community of home decorators globally

  • Lick has seen significant growth since its launch, achieving a $7 million revenue run-rate within its first eight months

  • The company also plans to raise an additional $1.4 million through a crowdfunding campaign on Seedrs.

      • ProblemRetail

      "Making home decor more accessible and sustainable for modern consumers, especially millennials who are increasingly shopping online and value eco-friendly products."

      Solution

      "Lick offers a curated range of sustainable paints, wallpapers, blinds, and supplies, sold directly to consumers through an online platform. They also build a community of decorators to inspire and support each other, making home decorating more approachable for everyone."

      Covered on