# Spacejoy Design Solutions Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spacejoy-design-solutions-pvt

- Industry: Internet
- Headquarters: Los Angeles, US
- Website: www.spacejoy.com
- Total disclosed funding: $5.1M
- Latest round: Seed (Nov 1, 2021)
- Investors on record: 2

## About

Spacejoy Design Solutions Pvt Ltd offers innovative online interior design services, enabling clients to transform their living spaces through personalized designs and expert consultations.Founded in 2019 and headquartered in Los Angeles, US, Spacejoy Design Solutions Pvt Ltd specializes in online interior design services. The company has successfully closed 3 deals, with the most recent funding round occurring on February 10, 2022, where they raised USD 4.00 mn led by Accel, with participation from TI Platform Management, TiE SoCal Angels, and others. The founders include Arnab Saharoy and Vinay Indresh, with Arnab Saharoy serving as the CEO.Spacejoy specializes in providing online interior design services that facilitate the creation of personalized home environments through expert design guidance. The core offerings include one-on-one collaboration with professional interior designers, where clients can communicate their needs and style preferences. This service culminates in a photo-realistic 3D design of the client's space, showcasing curated furniture and decor that can be directly purchased, thereby simplifying the shopping experience. Spacejoy's platform caters to a diverse clientele, including homeowners looking for room makeovers, renters seeking to optimize their living spaces, and busy professionals who prefer the convenience of virtual consultations. The services are available across multiple geographical markets, including the United States, Canada, and various regions in Europe, ensuring accessibility to a broad audience seeking innovative design solutions.Revenue generation at Spacejoy primarily occurs through defined design packages that clients purchase to access their services. The pricing structure includes several tiers, with specific offerings such as the "Bliss" package priced at USD 399, the "Euphoria" package at USD 599, and the "Ultimate" package at USD 799. These packages encompass varying levels of design services and deliverables, allowing clients to choose based on their needs and budgets. The transaction model is direct-to-consumer, as clients engage with the platform to hire designers and subsequently purchase recommended furnishings and decor within their finalized designs. This structure not only enhances customer satisfaction by providing a seamless design-to-purchase experience but also solidifies Spacejoy's position in the online home design market.In February 2022, Spacejoy Design Solutions Pvt Ltd raised USD 4.00 mn in venture funding, which will be utilized to support the enhancement of its platform and AI technology, as well as to expand its business and clientele base. The company plans to launch new products and services aimed at improving user experience and is targeting expansion into additional markets in Europe and North America by the end of 2023.

## Funding rounds

- Seed, Nov 1, 2021, $4.1M — Accel, Transpose Platform Management
- Seed, Sep 20, 2019, $1M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed
- Transpose Platform Management (https://capitalatlas.ai/funds/transpose-platform-management) — Seed