# Fohlio

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

- Industry: Software
- Headquarters: New York, US
- Website: www.fohlio.com
- Total disclosed funding: $3.1M
- Latest round: Seed (May 3, 2022)
- Investors on record: 4

## About

Founded in 2015 by its CEO, Huibin Yu, and based in New York, US, Fohlio Inc., is a software as a service-based company that provides specification, procurement, and data management software for interior designers and architects. In May 2022, Fohlio Inc. raised USD 3.15 million in seed funding led by new investor Brick & Mortar Ventures.

The company offers various operational solutions that include project budgeting, product specification, cost control, automated procurement, bill of materials, inventory management, preferred supplier management, and many more. The company provides automation solutions to companies like Sandals, Bessolo, Design Agency, and many more.

The company generates revenue by charging a subscription fee of USD 99.99 per month to freelancers.

The company plans to use May 2022 funding to continue product development and features and also to expand its team.

## Funding rounds

- Seed, May 3, 2022, $3.1M — DreamIt Ventures, GZ Real Estate, Brick & Mortar Ventures, Ocean Azul Partners

## Investors

- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed
- GZ Real Estate — Seed
- Brick & Mortar Ventures (https://capitalatlas.ai/funds/brick-mortar-ventures) — Seed
- Ocean Azul Partners (https://capitalatlas.ai/funds/ocean-azul-partners) — Seed