How Much Did Burrow Raise?
Funding & Key Investors

Burrow, a disruptor in the direct-to-consumer home furnishings sector, has successfully secured a total capital infusion of $48.5M. This trajectory of financial backing, punctuated by a recent strategic investment of $25M, underscores the company's transition from a niche modular furniture startup to a significant player in the modern living space. By leveraging these successive rounds of financing, Burrow has effectively scaled its operations to meet the evolving demands of urban consumers who prioritize both aesthetic versatility and logistical convenience in their home environments.

What is Burrow?

Burrow
RetailFurnitureManufacturing

Burrow specializes in the design and distribution of modular furniture, engineered specifically for the modern, mobile consumer. The company's core value proposition lies in its proprietary design architecture, which facilitates easy assembly, disassembly, and customization without compromising on structural integrity or material quality. By utilizing sustainably-forested wood and premium Italian leather, Burrow has carved out a distinct market position that bridges the gap between high-end design and accessible, functional home goods. Their business model, which includes a 30-day risk-free trial and expedited shipping, addresses the traditional pain points of the furniture industry, such as complex delivery logistics and long lead times. This operational efficiency has allowed Burrow to maintain a competitive edge in a crowded retail landscape, effectively capturing market share from legacy furniture retailers through a digital-first, customer-centric approach.

How much funding has Burrow raised?

Burrow has raised a total of $48.5M across 4 funding rounds:

2018

Series A

$14M

2019

Series B

$9.1M

2020

Debt

$350K

2021

Series C

$25M

Series A (2018): $14M with participation from Y Combinator Continuity, New Enterprise Associates, Correlation Ventures, and Red & Blue Ventures

Series B (2019): $9.1M led by Robin Hood Ventures, The MBA Fund, Social Starts, New Enterprise Associates, and Alumni Ventures Group

Debt (2020): $350K supported by PPP

Series C (2021): $25M featuring Parkway Venture Capital

Key Investors in Burrow

New Enterprise Associates

A global venture capital firm that invests in technology and healthcare companies across all stages of development.

Y Combinator Continuity

An investment fund focused on supporting high-growth companies that have previously participated in the Y Combinator accelerator program.

Social Starts

A venture capital firm specializing in early-stage investments with a focus on consumer-facing technology and digital platforms.

What's next for Burrow?

With the infusion of capital from its latest funding round, Burrow is well-positioned to accelerate its product development pipeline and expand its physical and digital footprint. The company is expected to focus on deepening its supply chain resilience and exploring new categories within the home goods ecosystem. As Burrow matures, the strategic deployment of these funds will likely prioritize customer acquisition costs and the optimization of its modular manufacturing processes. By maintaining its commitment to sustainable materials and modular innovation, the firm is poised to solidify its status as a leader in the home furnishings sector, potentially exploring omnichannel retail strategies to further integrate its brand into the daily lives of its target demographic.

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Frequently Asked Questions Regarding Burrow Financial Insights

What are the most recent funding rounds that Burrow has completed, and what were the funding rounds?
Burrow has recently completed 3 funding rounds: Series C on Feb 23, 2021, Debt on Apr 14, 2020, Series B on Jul 26, 2019.
What is the total amount of funding Burrow has raised to date?
Burrow has raised a total of $48.5M in funding to date.
How many funding rounds has Burrow completed?
Burrow has completed 3 funding rounds.
How much funding did Burrow raise in its most recent funding round?
Burrow raised $25M in its most recent funding round.
Who are the lead investors in Burrow's latest funding round?
The lead investor in Burrow's latest funding round was Parkway Venture Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Burrow's history?
The largest funding round in Burrow's history was $25M.
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