Apparently, “there are only three areas in ecommerce to build billion dollar business: amazon, zappos and furniture”. That’s at least according to Oliver Samwer of clone factory Rocket Internet in Berlin.
Perhaps he right. Because now Made.com, a London based start-up that offers consumers designer furniture online at factory prices, has raised a £6 million series B funding to expand its brand in the UK and fuel international expansion. New York-based growth equity investor, Level Equity, led the funding round with additional investment from founding investors, PROfounders Capital.