About Burrow
Burrow is a company based in New York (United States) founded in 2016 was acquired by Havenly in October 2024. It operates as a Direct-to-Consumer (D2C). Burrow has raised $52.52 million across 6 funding rounds from investors including FundersClub, Havenly and Parkway VC. The company has 55 employees as of December 31, 2024. Burrow offers products and services including Modular Sofas, Sleeper Sofas, and Dining Tables. Burrow operates in a competitive market with competitors including Walker Edison, among others.
- Headquarter New York, United States
- Employees 55 as on 31 Dec, 2024
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Burrow, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$52.52 M (USD)
in 6 rounds
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Latest Funding Round
$25 M (USD), Series C
Feb 23, 2021
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Investors
FundersClub
& 12 more
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Employee Count
55
as on Dec 31, 2024
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Acquired by
Havenly
(Oct 16, 2024)
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Products & Services of Burrow
Burrow offers a comprehensive portfolio of products and services, including Modular Sofas, Sleeper Sofas, and Dining Tables. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Modular sofas are designed for easy assembly and adaptability.
Sleeper sofas are crafted for comfort in dual use.
Dining tables are built for modern home dining spaces.
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Funding Insights of Burrow
Burrow has successfully raised a total of $52.52M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $25.0M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series C - Burrow | Valuation | Parkway VC | |
| Jul, 2019 | Amount | Series A - Burrow | Valuation |
investors |
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| Mar, 2018 | Amount | Series A - Burrow | Valuation | New Enterprise Associates |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Burrow
Burrow has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include FundersClub, Havenly and Parkway VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are provided to disruptive technology startups.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Investments are made in seed and early-stage US tech companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Burrow
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Burrow
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Burrow Comparisons
Competitors of Burrow
Burrow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Walker Edison, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ready-to-assemble furniture is manufactured and sold for home categories.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Burrow
Frequently Asked Questions about Burrow
When was Burrow founded?
Burrow was founded in 2016.
Where is Burrow located?
Burrow is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Burrow a funded company?
Burrow is a funded company, having raised a total of $52.52M across 6 funding rounds to date. The company's 1st funding round was a Series A of $14M, raised on Jun 01, 2016.
How many employees does Burrow have?
As of Dec 31, 2024, the latest employee count at Burrow is 55.
What does Burrow do?
Burrow is engaged in creating modular furniture solutions tailored for modern home environments. The company offers a wide range of products including sofas, sleeper sofas, dining tables, and storage units. Emphasis is placed on tool-free assembly, fast delivery, and adaptability to various living spaces. Products are designed to address everyday problems with clever features and lasting quality. The portfolio spans multiple categories such as living, dining, bedroom, office, and outdoor furniture, catering to diverse consumer needs.
Who are the top competitors of Burrow?
Burrow's top competitors include Walker Edison.
What products or services does Burrow offer?
Burrow offers Modular Sofas, Sleeper Sofas, and Dining Tables.
Who are Burrow's investors?
Burrow has 13 investors. Key investors include FundersClub, Havenly, Parkway VC, NEA, and Red & Blue Ventures.
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