Trampoline Secures $5 Million Seed Round to Expand Its Cross-Border B2B Home Décor Platform.

Date:

Trampoline, a promising player in the cross-border B2B home décor space, has announced a significant milestone with the successful closure of a $5 million seed funding round. The investment was led by Matrix Partners India and WaterBridge Ventures, with participation from Alteria Capital, which also provided an additional $2 million in venture debt.

Founded in December 2023 by Abhik Ghosh, Anushka Mahanti, and Varun Deo, Trampoline has quickly made waves with its innovative approach to home décor distribution. The startup aims to streamline the supply chain and sourcing processes while enhancing product development capabilities. This infusion of funds will further empower Trampoline to solidify its operational foundations, expand its product range, and build a robust early team.

Trampoline’s platform offers a comprehensive toolkit designed to cater specifically to the needs of retailers and interior designers. Features such as tailored curation, flexible payment arrangements, and low minimum order quantities (MOQs) have resonated well with its target audience. Since its successful launch in the UK market in February 2024, Trampoline has witnessed strong demand, with initial orders exceeding 1,500 units within the first few months. This traction underscores the startup’s ability to bridge the gap between retail stores and manufacturers effectively.

In a statement following the funding round, the founders expressed their excitement about the future of Trampoline. They highlighted their commitment to leveraging the investment to further enhance customer experience and operational efficiency. The backing from Matrix Partners India, WaterBridge Ventures, and Alteria Capital not only validates Trampoline’s business model but also positions the startup for accelerated growth in the competitive home décor industry.

Looking ahead, Trampoline plans to expand its geographical footprint and deepen its partnerships across the supply chain. With a clear focus on innovation and customer satisfaction, the startup is poised to redefine the B2B home décor sector, offering a seamless and value-driven experience from design to delivery.

As Trampoline continues to gather momentum, industry observers are keenly watching how it will leverage this funding to carve out a distinctive niche in the global home décor market.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Induz Secures $780K Funding to Bolster Data Security Solutions, Led by YourNest.

Induz, a promising player in the data security sector,...

Innovartan Learning Solutions Secures Rs 5 Crore in Pre-Seed Funding to Transform School Education.

Edtech startup Innovartan Learning Solutions has successfully raised Rs...

Sushain Wellness Secures Rs 2 Crore Seed Funding from Prajay Advisors LLP to Expand Tech-Driven Natural Healthcare Solutions.

Sushain Wellness, a healthtech platform merging traditional healing practices...

Marut Drones Secures $6.2 Million in Series A Funding for Rural Expansion and AgriTech Innovations.

Hyderabad-based dronetech startup Marut Dronetech has successfully secured $6.2...