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Efreshli for Furniture design raises $550 k in a sees round

1 week 3 days ago

Efreshli online furniture and interiors design platform succeeded to raise $550k in a seed round led by angel investor Tarek Sakr and property developer Marakez, according to the Foundation and CEO Heba El-Gebaly statement to Enterprise.

The startup aims to provide a new and easy-to-use means of selecting furniture for homes, offices or any other space through the Virtual Decoration Tool, which allows clients to view a perception of what room furniture will be before agreeing to purchase.

The platform works in collaboration with a number of major brand names in furniture and decorations to make room designs available in accordance with the client's personal preferences and budget, as well as the possibility of assisting the client in the procurement process.

“The company would inject these funds into geographic expansion processes along with the development of its technological infrastructure. The company aimed to expand into the region's markets and had plans to launch its services in the United Arab Emirates in the coming years,” El-Gebaly said.

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