What is Cylindo?
Founded in 2012 with the mission to simplify product visualization for the furniture industry, Cylindo has evolved into a leading provider of high-quality 3D product visuals. Its platform is utilized by hundreds of furniture companies, enhancing the buyer journey through superior visual assets. Cylindo's technology extends beyond mere aesthetics, providing versatile tools that businesses can deploy across various customer touchpoints, thereby optimizing online product presentation and engagement.
How much funding has Cylindo raised?
Cylindo has raised a total of $3.1M across 2 funding rounds:
Private Equity
$1M
Angel/Seed
$2.1M
Private Equity (2015): $1M with participation from Scale Capital and Commerce Ventures
Angel/Seed (2019): $2.1M led by Commerce VC, Peter Hartzbech, Jens Karstoft, LiteCap, Christian Legene, Mike Buckley, Oliver Kofoed, VoiVoda Ventures, and David Helgason
Key Investors in Cylindo
Scale Capital
Scale Capital is an early stage venture fund investing in digitization and disruptive technologies within business-to-business. Scale Capital primarily invests in companies in the Nordic region with the potential and ambition to win in the U.S. market. The company's focus is to deliver impact through technology and create a positive change to the planet and people's lives. The company is headquartered in Copenhagen and have offices in New York and Silicon Valley.
Commerce Ventures
Commerce Ventures is an investment firm that partners with entrepreneurs from diverse backgrounds to build the infrastructure for future industries in retail and financial services. They focus on sectors such as retail tech, payment tech, insurance tech, and banking tech, providing support to companies in their portfolio. Their mission is to help businesses find customers, distribution partners, and key executives through a sector-specific network. Recent investment themes include tokenizing value, AI in commerce, and modernizing commercial lending.
VoiVoda Ventures
VoiVoda is a technology acceleration fund that specializes in early-stage investments in B2B startup companies, operating from California with a focus on global entrepreneurs. The company combines its resources with a network of angel investors to assist startups in securing their first institutional funding round. VoiVoda emphasizes the importance of mentorship and has a dedicated team to support the unique needs of each company. With offices in San Francisco, Los Angeles, and Sofia, VoiVoda aims to connect innovative companies with opportunities in Silicon Beach and Silicon Valley.
What's next for Cylindo?
The recent strategic investment signals a new phase of growth for Cylindo, likely focusing on scaling its operations, enhancing its technological capabilities, and expanding its market reach. With a strong foundation in 3D visualization for furniture e-commerce, the company is well-positioned to capitalize on the increasing demand for immersive and interactive online shopping experiences. Future developments may include further integration of AI for visualization, broader application across different product categories, and deeper partnerships within the commerce ecosystem.
See full Cylindo company page
