What is Chango?
Chango Interior & Architectural Design Studio operates as a full-service residential design firm dedicated to crafting beautiful and joyful homes for a discerning clientele. Leveraging decades of experience, the studio combines distinct personality with a deep understanding of client needs to design bespoke living environments. Their extensive portfolio showcases a wide array of projects, from traditional to contemporary aesthetics, demonstrating a versatile capability to cater to diverse styles and preferences. Chango's core mission is to translate individual client visions into unique, personalized spaces that resonate with joy and reflect the inhabitant's individuality.
How much funding has Chango raised?
Chango has raised a total of $14.5M across 4 funding rounds:
Private Equity
$670K
Private Equity
$782K
Private Equity
$1M
Private Equity
$12M
Private Equity (2010): $670K, investors not publicly disclosed
Private Equity (2011): $782K, investors not publicly disclosed
Private Equity (2012): $1M, investors not publicly disclosed
Private Equity (2012): $12M featuring Charles River Ventures, Rho Canada Ventures, Mantella Venture partners, Metamorphic Venturess, and iNovia
Key Investors in Chango
Charles River Ventures
CRV is a venture capital firm that invests in early-stage tech startups. Since 1970, the firm has invested in more than 500 startups at their most crucial stages, including Airtable, DoorDash and Vercel. Founders need more than capital to build a great company. It takes a partner who understands the entrepreneurial journey and knows what it takes to win. From founding to IPO and beyond, CRV is there every step of the way. Founders rely on CRV to be trusted, long-term, committed partners, which has helped make CRV into one of the longest-running venture capital firms in the world.
Rho Canada Ventures
Rho is a venture capital firm that has been investing in innovation since 1981, focusing on companies at various stages of growth. They partner with inventors, entrepreneurs, and operators to create market-defining businesses while providing strategic value through their extensive experience. Rho emphasizes a thoughtful and impactful approach, working closely with executives to address a company's evolving needs. Their commitment is to build sustainable businesses and facilitate valuable connections within their network.
Metamorphic Venturess
About Metamorphic Ventures: Metamorphic Ventures is a New York City based venture capital firm that invests in start-up and early stage technology companies. We focus on investing in great entrepreneurs building game-changing companies in massive markets, whether that be in categories like marketplaces, e-commerce, payments, web services, the Internet of Things, virtual reality, or even new categories that haven't been discovered yet.
What's next for Chango?
The substantial enterprise-level backing Chango has received, particularly the recent strategic investment, positions the company for accelerated growth and market expansion. This infusion of capital is likely to fuel further development of its design services, potentially enabling the studio to take on larger-scale projects or expand its geographical reach. The strategic nature of the latest financing suggests a focus on enhancing operational capabilities, refining its unique design methodology, and solidifying its competitive edge in the high-end residential design market. Investors are betting on Chango's proven ability to deliver personalized, joy-evoking spaces, anticipating continued success and innovation in transforming homes.
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