Modsy is Transforming the Future of Home Design and Furniture Shopping with $37M in Series C Funding Led by TCV
Allspring Global Dividend Opportunity Fund Common Shares of Beneficial Interest (EOD)
US:NYSE Investor Relations:
wellsfargofunds.com/ip/products/closed-end-funds/overview.html?accountingid=2lsc&shareclass=closed-end
Company Research
Source: PR Web
SAN FRANCISCO (PRWEB) May 21, 2019 Modsy, a leading online interior design service that leverages its proprietary 3D visualization technology to disrupt the way consumers design and shop for their home, announced today the closure of a $37M series C fundraising round led by TCV, with participation from existing investors Norwest Venture Partners, Advance Venture Partners (AVP), Comcast Ventures and others. This round comes at a time when home design inspiration is plentiful and home furnishings is the fastest growing e-commerce category, but helping consumers bring their ideas to life is still a big pain point. Modsy has been building a transformative consumer experience to solve this market challenge and has scaled rapidly, expanding its customer base 450% since its previous funding round and creating over 2 million shoppable lifestyle renders since it launched. Modsy's groundbreaking 3D technology offers the fastest way for consumers to receive affordable home design expertise by
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