About Furnify
Furnify is a company based in Madurai (India) founded in 2015 by Nataraja Nadar Subramanian Mohan Suresh, Sathya Pradeep, and Gokul Ravikumar. It operates as a B2B. Furnify operates in a competitive market with competitors including CommerceBear, Blueport, AMRAX, ShowroomSoftware and Furnichannel, among others.
- Headquarter Madurai, India
- Founders Nataraja Nadar Subramanian Mohan Suresh, Sathya Pradeep, Gokul Ravikumar
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Sectors
Retail
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Phone
*********
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Website
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- Legal Name Furnify Home Decor Solutions Private Limited
- Date of Incorporation 30 Mar, 2015
- Jurisdiction Madurai, Tamil Nadu, India
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Annual Revenue
$203.74 K (USD)-65.32as on Mar 31, 2022
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Net Profit
$-27.11 K (USD)-146.8as on Mar 31, 2022
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EBITDA
$-28.27 K (USD)-137.19as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Furnify
| 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 |
Investments & Acquisitions by Furnify
| 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 - Furnify
| 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 |
Furnify Comparisons
Competitors of Furnify
Furnify 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 CommerceBear, Blueport, AMRAX, ShowroomSoftware and Furnichannel, 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 |
Multichannel eCommerce solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Omnichannel web platforms are provided for furniture retailers.
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| domain | founded_year | HQ Location |
Platform for 3D scanning, modelling, and CAD software integration.
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| domain | founded_year | HQ Location |
Provides software for product management and sales in home furnishings sector.
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| domain | founded_year | HQ Location |
Digital services for furniture and design brands to boost sales and online strategies.
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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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Frequently Asked Questions about Furnify
When was Furnify founded?
Furnify was founded in 2015.
Where is Furnify located?
Furnify is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.
What is the annual revenue of Furnify?
Annual revenue of Furnify is $203.74K as on Mar 31, 2022.
What does Furnify do?
Furnify provides software solutions for furniture retailers to build online stores through leveraging cutting-edge technology, software, e-commerce solutions, and retail software. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Furnify?
Furnify's top competitors include CommerceBear, Blueport and AMRAX.