# MyFab

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

- Industry: Internet
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.myfab.com
- Total disclosed funding: $10M
- Latest round: Series B (Jun 12, 2009)
- Investors on record: 2

## About

MyFab is a Hong Kong-based company specializing in custom furniture and home décor products. They provide a unique platform for consumers to design and order personalized items tailored to their preferences.Founded in 2008, MyFab offers a platform where customers can customize furniture and home décor. The company is headquartered in Hong Kong, which serves as its central operations hub. MyFab was acquired in October 2013 for EUR 3.10 million by Fab.com, a portfolio company of several prominent venture capital firms. The acquisition marked a strategic pivot for MyFab, aligning its operations with broader market offerings. The company has completed a total of three deals, with the most recent funding round being an Add-on Trade Sale, led by Luidin Connected Ltd and including notable investors such as Tencent Holdings Limited and Times Internet Limited. The total amount raised by MyFab to date stands at EUR 5.00 million.MyFab specializes in the production of custom furniture and home décor products, allowing consumers to design unique pieces tailored to their specific needs. Their offerings include a wide range of furniture items, from sofas to tables, all crafted with quality materials. Customers can collaborate with designers through the platform to create personalized products, ensuring that each piece reflects individual style and preferences. MyFab emphasizes craftsmanship and quality in every item, aiming to meet the demands of modern consumers looking for bespoke home furnishings.MyFab generates revenue through direct sales on its online platform, where customers can order customized furniture and décor. They facilitate a seamless purchasing process, offering both single items and bulk orders. The pricing structure is designed to attract repeat customers, with various options for orders. The company focuses on enhancing customer experience with personalized design consultations, which is a significant factor in its revenue generation.MyFab plans to expand its product offerings with new designs and customizable options launching in early 2024. The company is targeting entry into new markets, focusing on expanding its presence in Europe and North America by mid-2024. The recent funding of EUR 3.10 million will be allocated towards enhancing the technology behind their design platform and marketing efforts to attract a broader customer base in these regions, supporting the overall growth strategy.

## Funding rounds

- Series B, Jun 12, 2009, $7M — Alven, Headline
- Series A, Apr 12, 2008, $3.2M — Alven

## Investors

- Alven (https://capitalatlas.ai/funds/alven) — Series A, Series B
- Headline (https://capitalatlas.ai/funds/headline) — Series B