Tech Company Financing Transactions
Ernesta Funding Round
Ernesta closed a $25 million Series A funding round on 11/8/2022. Investors included Addition, True Ventures and private investors.
Transaction Overview
Company Name
Announced On
11/8/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Addition (Lead Investor)
Proceeds Purpose
The company plans to expand across the custom category of the domestic rug market.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
322 8th Ave.
New York, NM 10001
USA
New York, NM 10001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Ernesta is on a mission to bring gorgeous, design-focused custom rugs to homes and places of gathering through an enjoyable, frictionless, and affordable experience. At the same price as a store-bought standard-sized rug, a custom-cut rug from Ernesta will not only be a better fit, but also a better buying experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Foley
Chief Marketing Officer
Alan Smith
Chief Operating Officer
Jamie Beck
Chief Technical Officer
Yony Feng
Chief Technical Officer
Eric Hwang
VP - General Counsel
Hisao Kushi
VP - Human Resources
Kristy Foss
VP - Product Management
Marissa Vivori
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Prev: 11/8/2022: Speedoc venture capital transaction
Next: 11/8/2022: BC Platforms venture capital transaction
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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