It’s hard to believe it’s been only eleven short months since the start of Modsy. Our mission from day one has been improve the way consumers design and shop for their homes by allowing them to see furniture and accessories in the context of their very own homes. 2015 was an exceptional year at Modsy and it’s hard to believe how fast it all came together. In the blink of an eye we’ve built the company, the team, the product and a fast growing customer base! We have so much to be thankful for and so many people to thank for contributing to this success.
A MAJOR MILESTONE
Today, we are proud to announce the closing of $8M in Series A funding, led by Norwest Venture Partners. We feel so incredibly lucky to have arrived at this major milestone for the company and even more so, we feel privileged to have the opportunity to work with the talented team at Norwest. We truly value having a partner that is so aligned with our vision for the future of Modsy and that has been such a fantastic supporter since day one.
We’ve reached this milestone because of the unwavering support and encouragement of investors, partners, friends and believers of every kind. It has allowed us to hire the incredibly talented and dedicated team of people and to continue on our mission to bring the vision for Modsy to life.
WHAT COMES NEXT
This financing will help us accelerate the company’s trajectory in several key ways.
Recruiting – we will continue to recruit and hire the most talented graphics engineers, 3D artists and designers from across the industry.
Product – we are laser focused on making the most incredible customer experience possible and transforming the way people shop for the home.
Partners – we will be expanding our partnerships in several key areas include retailer partners, real estate and media/content.
A HUGE THANK YOU
We are so appreciative of the people that have been a part of our journey from the very beginning. Thank you so much to our amazing investors who include Norwest Venture Partners, Metamorphic Ventures, Birchmere Ventures, Susa Ventures, Ame Cloud Ventures, Google Ventures, BBG Ventures, Astia Angels, Ammunition, and individual angels including Susan Feldman (Co-founder of One Kings Lane), Eoin Harrington (SVP, Restoration Hardware), Heather Reisman (CEO of Indigo), Timur Yumusaklar (CEO of Schumacher), Joanne Wilson, Cindy Padnos, Nancy Pfund, Pascal Levensohn, and several more amazing individuals.
CHECK IT OUT
We invite you to join the Modsy insider community here, we are in a private beta and will continue to invite customers in on a rolling basis. Here is a fun video preview of Modsy!