What is Poppin?
Poppin offers a comprehensive range of office furniture and supplies, including desks, benches, adjustable height desks, office chairs, stools, file cabinets, tables, and storage solutions. Headquartered in New York, New York, the company aims to furnish modern workspaces with functional and aesthetically pleasing products. Its product catalog caters to businesses seeking to equip their offices with essential furniture and supplies, from individual workstations to collaborative spaces.
How much funding has Poppin raised?
Poppin has raised a total of $46.6M across 6 funding rounds:
Series A
$6M
Series B
$11.1M
Debt
$1.3M
Series C
$17M
Private Equity
$9.2M
Debt
$2M
Series A (2012): $6M with participation from Shasta Ventures and First Round Capital
Series B (2013): $11.1M led by Shasta Ventures, TrilogyGrowth, and First Round Capital
Debt (2014): $1.3M, investors not publicly disclosed
Series C (2014): $17M featuring West Capital Advisors, First Round Capital, Burch Creative Capital, Fifth Third Bancorp, and Shasta Ventures
Private Equity (2016): $9.2M, investors not publicly disclosed
Debt (2020): $2M with participation from PPP
Key Investors in Poppin
Shasta Ventures
Shasta Ventures is a leading early-stage venture capital firm that partners with entrepreneurs building great products. They specialize in enterprise software startups and have over $1B under management.
First Round Capital
First Round Capital is a venture capital firm that invests in innovative startups across various sectors, focusing on supporting entrepreneurs and driving growth through strategic partnerships and investments.
West Capital Advisors
West Capital Advisors, LLC offers venture and startup advisory services, enhancing corporate and institutional venture teams by providing insights and execution tailored to the venture market.
What's next for Poppin?
With the recent injection of $2M in a major strategic investment, Poppin is poised for accelerated growth. This funding, part of its overall $46.6M in capital raised, suggests a strong trajectory for scaling operations and potentially expanding its product lines or market reach. The company's focus on enterprise-level solutions indicates a strategic move to capture larger corporate clients, leveraging its established reputation and product offerings to solidify its position in the competitive office furniture and supplies market.
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