# Havenly

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

- Industry: Internet
- Headquarters: Denver, US
- Website: www.havenly.com/
- Total disclosed funding: $58M
- Latest round: Series C (Oct 15, 2019)
- Investors on record: 8

## About

Havenly, Inc. is a U.S.-based online platform that connects clients with professional designers, providing personalized interior design and home decorating services to create bespoke living spaces.Founded in 2014 and headquartered in Denver, US, Havenly, Inc. focuses on online interior design services. The company has raised a total of USD 32.00 mn through its funding rounds, with the latest being a SERIES C round in March 2023, involving investors such as Foundry Group, GingerBread Capital, and others. Co-founded by Lee Mayer, who has experience in building online consumer services, the company has successfully completed 10 deals since its inception, showcasing a commitment to innovation in home decoration.Havenly specializes in online interior design and home decorating services, offering a platform that connects clients with professional designers to create personalized living spaces. The core product offerings include an online design service that allows users to take a style quiz and receive tailored designer recommendations based on their preferences. Clients can collaborate with their assigned designers to develop comprehensive home designs that address both aesthetic desires and functional needs, ultimately visualized through 3D renderings of their spaces. The service is designed to alleviate the stress of home decoration by providing curated product selections from various well-known brands, catering to diverse styles and budgets. Havenly's services are available in major U.S. markets, including Austin, Boston, Chicago, Dallas, Denver, Houston, Los Angeles, New York, Seattle, and Washington, D.C.Havenly generates revenue primarily through its design packages, which are structured as direct-to-consumer services. Clients can choose from online design services starting at USD 199, currently offered at a promotional rate of USD 99, or opt for in-person design services, with the first room priced at USD 699 (currently USD 349) plus additional fees for extra rooms. The business model facilitates transactions directly between Havenly and its clients, with designers sourcing products from partner brands, enhancing the user experience with exclusive discounts and streamlined checkout processes. This structure not only aids in driving sales but also fosters repeat business as clients engage in multiple room designs over time.In March 2023, Havenly, Inc. raised USD 32.00 mn in a SERIES C funding round, which will support the expansion of its product offerings and enhance its platform capabilities. The company plans to launch new design features aimed at improving client interaction and satisfaction. Havenly is also targeting expansion into new U.S. markets beyond its current locations, aiming for a broader national presence by late 2024. The recent funding will be utilized to market these new services and strengthen the overall infrastructure of the company.

## Funding rounds

- Series C, Oct 15, 2019, $32M — Foundry Group, Lerer Hippeau Ventures, Kickstart Ventures, GingerBread Capital
- Series B, Jan 24, 2018, $13M — Industry Ventures, Foundry Group, Chicago Ventures, Kickstart Ventures
- Series A, Mar 29, 2016, $5.8M — Foundry Group, Chicago Ventures, Binary Capital
- Series A, Oct 30, 2015, $7.5M — Foundry Group, Chicago Ventures, 500 Global

## Investors

- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B, Series C
- Chicago Ventures (https://capitalatlas.ai/funds/chicago-ventures) — Series A, Series B
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Binary Capital (https://capitalatlas.ai/funds/binary-capital) — Series A
- Industry Ventures (https://capitalatlas.ai/funds/industry-ventures) — Series B
- Kickstart Ventures (https://capitalatlas.ai/funds/kickstart-ventures) — Series B, Series C
- Lerer Hippeau Ventures — Series C
- GingerBread Capital (https://capitalatlas.ai/funds/gingerbread-capital) — Series C