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Synopsis
White Oak Capital, an investment management firm, and Sheela Foam, a manufacturer of PU foam and mattresses, led a $13.9m funding round in Furlenco, a furniture and home-lifestyle brand. “This fundraiser will help us deepen our presence in existing markets, strengthen our footprint and bring our offerings closer to more customers. With a clear path to profitability and scale, this round sets us up strongly for the coming years, as we work towards building a long-term, public-market-ready business,” Ajith Mohan Karimpana, Furlenco Founder and CEO.
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