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Infurnia Secures $1.2 Million in Angel Funding to Strengthen Cloud-Based Design Platform

Infurnia
Preeti Bali / 8:48 am / May 16, 2024

Infurnia, a pioneering startup specializing in cloud-native architecture design software, has secured $1.2 million in a recent angel funding round. This investment, led by Yogesh Chaudhary, a returning investor and owner of Jaipur Rugs, strengthens Infurnia’s financial footing and fuels its ongoing development.

The fresh funding adds to Infurnia’s impressive track record, bringing their total angel investment to $4.9 million since the company’s inception. This strong financial backing underscores the confidence investors have in Infurnia’s innovative approach to design software.

A Look Back: Early Success and Steady Growth

Infurnia’s journey began in Bengaluru in 2014, with founders Nikhil Kumar and Lovepreet Mann at the helm. Recognizing the potential of cloud-based solutions, they built a platform that empowers design professionals to create and manage building, interior, and modular kitchen projects with ease.

Infurnia’s commitment to innovation has translated into tangible results. The company reports a significant expansion in its client base, surpassing 600 satisfied users. Additionally, Infurnia has achieved a significant milestone, reaching an annual recurring revenue (ARR) of $1 million, demonstrating the growing market demand for their cloud-based design software.

A Prestigious Clientele and Bright Future

Infurnia’s user base boasts a roster of well-established names in the design industry, including LivSpace, Hometown, Purvankara, and Urban Ladder. This impressive clientele further validates the platform’s value proposition and its ability to meet the needs of leading design firms.

With this latest funding round, Infurnia is poised for continued growth. The company can now focus on further developing its platform, expanding its reach, and solidifying its position as a leading player in the cloud-based design software market.

 

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