Burrow, a NYC-based modular furniture startup, raised $14M in Series A funding.
The round was led by New Enterprise Associates with participation from Correlation Ventures and previous investors Red & Blue Ventures and Y Combinator Continuity. In conjunction with the funding, NEA’s Tony Florence is joining Burrow’s board of directors.
The company will use the funds to expand operations, open additional factories and introduce new, non-sofa products.
Co-founded by Stephen Kuhl and Kabeer Chopra, Burrow provides a modular design sofa which can be moved and adjusted in different spaces. The company has also expanded its product line with an ottoman and a chaise sectional couch.
FinSMEs
22/03/2018