SaaS

Infurnia Secures $1.2 Million in Angel Funding Round

• ByStartupStory     |    May 16, 2024

Bengaluru-based cloud-native architecture design software startup Infurnia has successfully raised $1.2 million in an angel funding round led by Yogesh Chaudhary, the existing investor and owner of Jaipur Rugs. This recent funding marks Infurnia’s total angel fundraising to $4.9 million across various rounds since its inception.

Infurnia, founded in 2014 by Nikhil Kumar and Lovepreet Mann, provides a cutting-edge cloud-based platform that empowers professionals to design buildings, interiors, and modular kitchens. The startup had earlier received $240K in funding back in September 2020 from angel investors including Pallav Nadhani, the founder of FusionCharts.

The infusion of new capital will further accelerate Infurnia’s growth trajectory, enabling the company to enhance its technology offerings and scale operations. The startup has reported significant expansion in its client base, adding over 600 clients and achieving $1 million in annual recurring revenue (ARR).

Among Infurnia’s notable clients are LivSpace, Hometown, Purvankara, and Urban Ladder. This recent funding boost underlines growing investor confidence in the startup’s innovative cloud-native solutions for the architecture and interior design industry.

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