What is Made?
Founded in 2010 and headquartered in London, BC, Made.com operates as a retail company offering a curated selection of designer furniture brands through both in-store and online channels. The company has established itself as a key player in the furniture market by providing access to unique designs and brands, differentiating itself from traditional retailers. Its business model emphasizes a blend of e-commerce efficiency and curated design, catering to a discerning customer base seeking quality and style.
The company's strategic capital raises, including significant debt financing and multiple equity rounds, indicate a robust business model and a strong potential for market disruption. The consistent backing from prominent investment firms suggests a favorable outlook on Made's ability to capture market share and deliver value.
How much funding has Made raised?
Made has raised a total of $253.5M across 6 funding rounds:
Series A
$3.8M
Series B
$9.3M
Debt
$8M
Private Equity
$60M
Series D
$55.8M
Series C
$116.7M
Series A (2010): $3.8M with participation from PROfounders Capital
Series B (2012): $9.3M led by PROfounders Capital and Level Equity
Debt (2014): $8M supported by Silicon Valley Bank
Private Equity (2015): $60M featuring Level Equity, Fidelity Growth Partners, and Partech Growth Fund
Series D (2018): $55.8M backed by Eight Roads Ventures, Level Equity, and Partech Ventures
Series C (2018): $116.7M with participation from Fidelity Investments, Level Equity, and Eight Roads Ventures
Key Investors in Made
PROfounders Capital
PROfounders Capital is a European early-stage technology investor focused on backing entrepreneurs with disruptive B2B or B2C models. They typically invest between €500k to €3m in validated products, primarily in Europe, emphasizing conviction and support for founders.
Level Equity
Level Equity is a private investment firm that concentrates on rapidly growing software and technology-driven businesses. The firm is based in New York, New York.
Partech Ventures
Partech is a global investment firm providing capital, operational experience, and strategic support to entrepreneurs at seed, venture, and growth stages across multiple continents. They invest in a wide range of technologies and businesses for both enterprises and consumers.
What's next for Made?
With the recent major strategic investment, Made is poised for accelerated growth and market penetration. The company is likely to leverage this capital to enhance its supply chain, expand its product offerings, and potentially explore new geographic markets. Further investment in digital infrastructure and customer experience initiatives can be anticipated, reinforcing its position as a modern, design-led furniture retailer.
The sustained interest from investors such as PROfounders Capital, Level Equity, and Partech Ventures points to a strong belief in Made's long-term vision and its capacity to innovate within the retail landscape. Future strategic moves may include acquisitions, partnerships, or further product line diversification to solidify its competitive advantage.
