Thursday, December 19

Tag: CasaOne funding

CasaOne raises $50 million from Credit Suisse
19Jun By AdityaNo Comments
FUNDING

CasaOne raises $50 million from Credit Suisse

San Francisco, CA, 19th June 2020: Furniture rental company CasaOne has received USD 50 million (around Rs 375 crore) of debt financing from financial services company Credit Suisse. The funding will be used to support the overall growth of the business affording expansions into additional product categories within furniture, fixtures, and equipment, the company said in a statement. "In light of COVID-19, we are seeing a further acceleration in demand for on-demand, flexible furniture rental and leasing options in addition to remote work or work from home solutions. This funding will help us expand into newer equipment categories to support businesses emerging out of the current crisis," company's chief executive Shashank Shankaranarayana said. Last year, the company raised $16 mi...
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CasaOne Raises $16 Mn in Funding led by Accel & Others
24Nov By PriyankaNo Comments
FUNDING

CasaOne Raises $16 Mn in Funding led by Accel & Others

SAN FRANCISCO-- CasaOne, the San Francisco-headquartered furniture rental company has raised $16 million Series B round of financing led by Accel and existing investors JLL Spark, Freestyle Capital, NextWorld Capital, and Array Ventures. New investors include Quiet Capital, HNI and WeWork and a few prominent angel investors including Lydia Jett from Softbank’s Vision Fund. This round of financing will help CasaOne expand to new geographies, further invest in hiring technology and engineering talent and expand into adjacent product categories. CasaOne launched its category-defining furniture rental solution in 2017 that eliminated big points of friction that comes with sourcing, designing, set-up and maintenance of furniture, furnishings and equipment be it at a residence or an of...
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