About Cityfurnish
Cityfurnish is a company based in Gurugram (India) founded in 2015 by Saurabh Gupta, Vinit Jain, and Neerav Jain. Cityfurnish has raised $8.06 million across 8 funding rounds from investors including Northern Arc Capital, Venture Highway VC and Western Capital. Cityfurnish offers products and services including Single Bed, Sofa, Fridge, Washing Machine, and Family Suite. Cityfurnish operates in a competitive market with competitors including GuaRented, Voorent, FreQuip, Rentity and RentMacha, among others.
- Headquarter Gurugram, India
- Founders Saurabh Gupta, Vinit Jain, Neerav Jain
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8.06 M (USD)
in 8 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Nov 17, 2022
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Investors
Northern Arc Capital
& 16 more
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Employee Count
Not available
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Products & Services of Cityfurnish
Cityfurnish offers a comprehensive portfolio of products and services, including Single Bed, Sofa, Fridge, Washing Machine, and Family Suite.
Rented bed for home use with flexible terms.
Comfortable sofa available for monthly rental.
Refrigerator rented with free installation services.
Appliance for laundry needs on subscription basis.
Package of multiple furniture items for family use.
People of Cityfurnish
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Funding Insights of Cityfurnish
Cityfurnish has successfully raised a total of $8.06M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in November 2022. 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.
Investors in Cityfurnish
Cityfurnish has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Northern Arc Capital, Venture Highway VC and Western Capital.
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Private equity firm investing in multiple sectors
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Early-stage investments are provided by Soma Capital to startups.
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Investor details for Cityfurnish
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Investments & Acquisitions by Cityfurnish
Investment portfolio details for Cityfurnish
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Financial Statements - Cityfurnish
Detailed financials for Cityfurnish
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Cityfurnish Comparisons
Peer comparison for Cityfurnish
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Competitors of Cityfurnish
Cityfurnish 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 GuaRented, Voorent, FreQuip, Rentity and RentMacha, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online service provider for rental products
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Multi-category home improvement products are rented via an online platform.
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Home furnishings are rented online for minimum six-month terms.
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Luxury home improvement and electronics products are rented online.
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Furniture and appliances are rented online in Mumbai.
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Detailed competitors of Cityfurnish
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Latest news on Cityfurnish
Complete news archive for Cityfurnish
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Frequently Asked Questions about Cityfurnish
Cityfurnish was founded in 2015.
Cityfurnish is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Neerav Jain is the current CEO of Cityfurnish. They have also founded this company.
Cityfurnish is a funded company, having raised a total of $8.06M across 8 funding rounds to date.
Cityfurnish was established in 2015 in Gurugram, India, as an online rental platform in the home improvement sector. A range of products including beds, fridges, TVs, office furniture, and workstations is offered for rental. Free delivery and installation services are included. Bulk rental options are provided to corporate clients, with operations focused on the Indian market.
Cityfurnish offers Single Bed, Sofa, Fridge, Washing Machine, and Family Suite.
Cityfurnish has 17 investors. Key investors include Northern Arc Capital, Venture Highway VC, Western Capital, UC Capital, and Steve Chen.
The valuation of Cityfurnish is $5.88M as of May 2018.