What is Fabelio?
Founded in June 2015, Fabelio operates within the dynamic Indonesian market, offering a comprehensive range of furniture for residential and commercial spaces, including customized solutions through Fabelio Projects. Beyond its online presence, Fabelio has established a network of 20 experience centers across Greater Jakarta and Bandung, with service coverage extending throughout Java. This hybrid model, combining e-commerce with physical retail and design services, positions Fabelio as a key player in the home furnishings and interior design sector in Southeast Asia.
How much funding has Fabelio raised?
Fabelio has raised a total of $18M across 4 funding rounds:
Angel/Seed
$500K
Series A
$2M
Series B
$6.5M
Series C
$9M
Angel/Seed (2015): $500K with participation from IMJ INVESTMENT Partners Pte. Ltd., 500 startups, and KK Fund
Series A (2016): $2M led by Venturra, 500.com, and IMJ Investment Partners Pte. Ltd.
Series B (2018): $6.5M, investors not publicly disclosed
Series C (2020): $9M featuring Aavishkaar Capital, Endeavour Catalyst, MDI Ventures, and AppWorks
Key Investors in Fabelio
Aavishkaar Capital
Aavishkaar Capital is a venture capital and impact investment firm focused on empowering entrepreneurs and driving meaningful impact, particularly in deep tech initiatives. They are known for supporting businesses that aim to tackle significant challenges and have a positive societal effect.
MDI Ventures
MDI Ventures is a global venture capital firm with a strong focus on Indonesia, investing in local founders and startups to drive innovation and digital transformation. They prioritize companies with social and environmental impact.
Endeavour Catalyst
Endeavour Catalyst is an investment arm that supports high-growth companies. While specific details on their focus are not provided, their participation suggests a belief in Fabelio's scaling potential.
What's next for Fabelio?
The recent major strategic investment in Fabelio, following a Series C funding round, indicates a strong investor confidence in the company's business model and future prospects. This capital infusion is likely to fuel further expansion, potentially into new geographic markets within Indonesia or Southeast Asia, enhance its product offerings, and bolster its technological infrastructure for e-commerce and interior design services. Fabelio is poised to leverage this backing to solidify its leadership in the Indonesian furniture and interior design industry, possibly exploring further innovation in supply chain management and customer experience.
See full Fabelio company page
