What is Elico?
Based in New York City, Elico has established itself as a cornerstone of the wall décor and framed art market over the past 17 years. The company distinguishes itself through a sophisticated business model that integrates high-quality manufacturing with a deep understanding of global art and fashion trends. By collaborating with over 15 international publishers, Elico maintains a dynamic product catalog that features intricate details such as hand embellishments, 3D designs, and gold foil applications. This commitment to aesthetic excellence and competitive pricing has made Elico a preferred partner for major retailers seeking to drive foot traffic and increase sales through curated, high-impact home decor assortments.
How much funding has Elico raised?
Elico has raised a total of $415K across 2 funding rounds:
Debt
$150K
Debt
$265K
Debt (2020): $150K with participation from PPP
Debt (2021): $265K led by PPP
Key Investors in Elico
PPP
Public-Private Partnership
Undisclosed Investors
Undisclosed Investors
What's next for Elico?
With the successful closure of this late-stage financing, Elico is poised to enter a new phase of strategic expansion. The company is expected to focus on optimizing its distribution networks and deepening its relationships with global retail partners. By reinvesting the $265K into its in-house design capabilities and operational infrastructure, Elico aims to capture a larger share of the premium home furnishings market. Future growth will likely be driven by the company's ability to anticipate shifting consumer preferences and its continued dedication to delivering bespoke, trend-aligned products that resonate with a global audience.
See full Elico company page
