A digital-first furniture retailer has secured fresh investor backing, boosting its market valuation and reinforcing confidence in the growing demand for direct-to-consumer home furnishings. The company, which offers design-led, easy-to-assemble furniture primarily through online channels, raised more than £400,000 in a recent equity round. Shares were issued at approximately £4.90 each.
© Cozmo Home
The new funding values the business at nearly £6.4 million, following a similarly sized capital injection last year. The latest round further strengthens its financial base and supports its continued growth in the ecommerce furniture space.
Cozmo Home, the London-based brand behind the raise, is supported by investors including Kin Capital Partners and SFC Capital Partners. Its co-founders, Nadav Hassan and Jacob Peres, are understood to remain the company's largest shareholders despite the expansion of its share capital.
Specialising in modular, customisable sofas and furnishings, Cozmo Home is known for products with "interchangeable covers" and "tool-free assembly". The retailer focuses on convenience and personalisation, offering quick delivery and a user-friendly setup experience. Though primarily an online business, it also operates a showroom in Shoreditch by appointment only.
This latest funding round is expected to help scale operations further and expand customer reach as demand continues to rise for adaptable and accessible home solutions.
Source: www.thefurnishingreport.com