What is Cylindo?
Founded in 2012 with the mission to simplify product visualization, Cylindo has emerged as a leading provider of 3D product visuals for the furniture industry. Its platform empowers hundreds of furniture companies to create superior product imagery that enhances the entire buyer journey. Cylindo's offerings extend beyond high-quality visuals, providing versatile assets that businesses can deploy across various customer touchpoints, thereby optimizing online sales and customer engagement. The company's consistent growth and adoption by numerous furniture businesses highlight its effectiveness in addressing a critical need in online retail.
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, Christian Legene, Mike Buckley, Oliver Kofoed, VoiVoda Ventures, David Helgason, Jens Karstoft, and LiteCap
Key Investors in Cylindo
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.
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.
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.
What's next for Cylindo?
With the recent influx of major strategic investment, Cylindo is poised for accelerated growth and market penetration. The company's focus on innovation in 3D product visualization, particularly for the furniture sector, positions it well to capitalize on the increasing demand for immersive online shopping experiences. Future developments are likely to involve enhancing platform capabilities, expanding its client base, and potentially exploring new industry verticals that can benefit from advanced product visualization. The substantial backing suggests a strategic phase focused on scaling operations and solidifying its competitive advantage in the e-commerce technology landscape.
See full Cylindo company page
