eporta raises $8m in series A funding led by Canvas Ventures
Canvas Ventures led the round as the B2B design marketplace targets international expansion and team growth.
≈ £5.6M at $1 = £0.7048 on 11 Apr 2018
An online platform that connects interior designers and businesses with furniture manufacturers.
London-based eporta has secured $8m in a series A funding round led by Canvas Ventures. The company operates a digital marketplace for commercial interior design and furniture procurement.
The capital injection will be used to expand the team and establish the first international office outside the UK, alongside launching new product categories.
Participation in the round came from a roster of venture firms and angel investors, including LocalGlobe, Oxford Capital, Talis Capital, and Samos Ventures.
From the founder
"During my time at Zoopla I bought a flat in Brixton and was basically struggling to find furniture for it,"
Aneeqa Khan
Founder and CEO at eporta
Investor perspective
"We backed eporta initially because of our confidence in Aneeqa, and it's been rewarding to see that confidence pay off. Aneeqa is one of the smartest entrepreneurs we have worked with, and has grown an impressive team with a strong culture and vision. The business is now making a significant mark within the commercial and residential interior design sector and we're excited for what's to come."
Tom Bradley
Partner, Oxford Capital
Use of funds
- 01Grow the team
- 02Expand into international markets
- 03Continue product development
Investors
Canvas Ventures
LocalGlobe
Tom Bradley
Oxford Capital
Talis Capital
Samos Ventures
Guy Hands
Ed Wray
Rohan Blacker
Simon Kain
Will Cooper