Infurnia Technologies, a dynamic cloud-native architectural design software startup, has raised $1.2 million in its latest funding round. The investment was led by a group of angel investors, with Yogesh Choudary of Jaipur Rugs at the forefront, valuing the company at an impressive $17 million. This new infusion of capital brings Infurnia’s total funding to $3.7 million, marking a significant milestone in its growth journey.
Infurnia Technologies, headquartered in Bengaluru, embarked on its funding journey in September 2020, when it secured $240K in funding from notable angel investors, including Pallav Nadhani, the founder of FusionCharts.
Founded in 2014 by Nikhil Kumar and Lovepreet Mann, Infurnia offers an innovative cloud-based platform tailored to professionals in the architecture and interior design fields. The platform empowers designers to bring their creative visions to life, facilitating the design of buildings, interiors, and modular kitchens. What sets Infurnia apart is its seamless accessibility, enabling designers to register and utilize the software from any location, fostering collaboration and productivity.
With over 300 active clients, Infurnia has primarily focused on serving the Indian market. Nevertheless, the company has made inroads internationally, with a growing customer base of 10 international clients. Infurnia’s ambitious expansion plans involve making a significant mark in the North American market by establishing a local sales team presence in the first half of 2024.
The company takes pride in its impressive roster of marquee clients, which includes Livspace, Hometown, Durian, Gopalan, Purva Streaks by Puravankara, and Homeworks by Prominence. These collaborations exemplify Infurnia’s commitment to delivering cutting-edge design solutions to various industry leaders.
Infurnia’s growth journey began in May 2015 when it secured its first angel investment round. Subsequently, in January 2016, the company received an additional $160,000 in funding from Idein Ventures, a venture capital firm based in the UAE. These strategic investments have played a pivotal role in Infurnia’s evolution into a prominent player in the architecture and design software arena.
As Infurnia Technologies continues to innovate and expand its reach, this recent funding milestone solidifies its position as a critical player in the industry. The cloud-native architecture design software startup’s dedication to empowering designers and architects with cutting-edge tools ensures its future is as bright as its impressive track record.
