# Clippings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clippings

- Industry: Internet
- Headquarters: London, UK
- Website: www.clippings.com
- Total disclosed funding: $19M
- Latest round: Series B (Jul 12, 2018)
- Investors on record: 2

## About

Clippings Ltd. is a London-based company that specializes in an online platform for curated furniture and home decor, simplifying the sourcing process for designers and consumers with its extensive product range.Clippings Ltd. was founded in 2014 in London, UK. The company operates an online marketplace that connects consumers with diverse suppliers of design-led furniture and decor. Notably, Clippings has raised a total of USD 15.31 mn across three deals, with the most recent being a Series B funding round on July 12, 2018, which involved investors such as Advance Venture Partners and valued the firm at USD 65.46 mn post-money. The company was co-founded by David Begg and Tom Mallory, both of whom have experience in the design and technology sectors.Clippings is primarily focused on providing a curated online platform for high-quality furniture and home decor products. Their core offerings include a diverse range of design-led furniture, lighting, and accessories, catering to both commercial and residential spaces. The platform enables users to easily discover, compare, and purchase products from a myriad of suppliers and designers, thus solving the challenge of sourcing aesthetically appealing and functional home furnishings. Clippings serves a customer base that spans the United Kingdom and other European markets, providing products tailored to various styles and preferences.Clippings generates revenue through a transactional model that includes both direct-to-consumer sales and partnerships with design professionals and businesses. Customers can browse and select from a wide array of furniture and decor items, with the potential for customized pricing based on bulk purchases or specific design consultations. The company’s revenue streams are supported by recurring transactions, as design firms and individual clients frequently seek to refresh their spaces with new furnishings. Additionally, the firm may offer subscription services that provide exclusive access to new collections or special pricing for ongoing collaborations with design professionals, fostering a robust retail environment conducive to repeat business and customer loyalty.In July 2018, Clippings Ltd. raised USD 15.31 mn in Series B funding, which will support further development of their product range and enhancements to their online platform. The company is looking to expand its market reach beyond the UK into other European regions, with targeted efforts planned for 2023. This initiative aims to increase their customer base and explore new partnerships within the design sector, capitalizing on the funding to innovate and enhance their offerings.

## Funding rounds

- Series B, Jul 12, 2018, $15M — Advance Venture Partners
- Series A, May 3, 2017, $3.6M — C4 Ventures

## Investors

- C4 Ventures (https://capitalatlas.ai/funds/c4-ventures) — Series A
- Advance Venture Partners (https://capitalatlas.ai/funds/advance-venture-partners) — Series B
