What is Finely Designed?
Finely Designed, headquartered in Phoenix, Arizona, is a bespoke cabinetry and custom furniture maker led by Russ Kory. The company serves homeowners, designers, builders, and architects by providing a comprehensive solution for unique built-ins, architectural elements, cabinetry, and stand-alone furniture pieces. Differentiating itself through a commitment to artisanal craftsmanship, Finely Designed emphasizes a hands-on, start-to-finish fabrication process within its 20,000 sq. foot studio. This meticulous, locally-driven approach ensures a high degree of precision in joinery and finishing, aiming to deliver superior quality and timely installation that surpasses competitors relying on automated manufacturing processes. Every piece is crafted and inspected in-house before installation, guaranteeing exceptional aesthetic outcomes.
How much funding has Finely Designed raised?
Finely Designed has raised a total of $424K across 2 funding rounds:
Debt
$150K
Debt
$274K
Debt (2020): $150K with participation from PPP
Debt (2021): $274K led by PPP
What's next for Finely Designed?
The substantial capital infusion, particularly the recent strategic investment, positions Finely Designed for accelerated scaling and potential market expansion. As a company focused on high-end custom fabrication, this backing will likely be directed towards enhancing production capacity, refining operational efficiencies, and potentially broadening its service reach. The large-scale, late-stage funding context suggests Finely Designed is poised to solidify its leadership in the custom luxury furnishings market, leveraging its unique handcrafted approach to meet increasing demand.
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