Consumer Startup Burrow Brings In $4.3 Million
December 8, 2017
6:23 pm
![Consumer Startup Burrow Brings In $4.3 Million](https://i0.wp.com/newscenter.io/wp-content/uploads/2017/12/Screen-Shot-2017-12-08-at-6.13.33-PM.png?fit=876%2C579&ssl=1)
Credit: burrow.com
Burrow, a producer of direct-to-customer couches, brought in $4.3 million in seed financing, led by Red & Blue Ventures. Interplay Ventures, and Y Combinator also participated in the funding.
By delivering couches directly to customers, Burrow strives to remove retail markups and over 70 percent of standard shipping costs. According to the company, all of Burrow’s sofas are made from safe, environmentally-friendly components that will last a lifetime. Their wood is sustainably sourced, fabrics are free from chemical treatments, and packaging is made from recycled materials.
The funding will be used to scale the brand’s marketing channels and further support business expansion.