Clippings, the UK’s leading online destination for sourcing furniture and lighting from premium design brands, has raised £2.8 million in a Series A round of venture capital funding, enabling the ecommerce startup to accelerate its vision for using technology to revolutionise the interior design industry.
Clippings aggregates premium design products from the world’s top brands in one online marketplace, addressing a pain-point in the discovery and purchase experience of high-end design for architects, interior designers and consumers. The London-based company aims to modernize and digtize this space by providing end-to-end ecommerce tools that facilitate the interior design sector. Clippings already features one of the largest selections of premium furniture and lighting products online, with over a million products available to buy.
Since its founding in 2014, by Adel Zakout and Tom Mallory, Clippings has consistently achieved more than 400% year-on-year growth in revenue and this significant cash injection will propel Clippings further on its journey to becoming the go-to destination for discovering and buying furniture and lighting. This investment round was led by European venture fund C4 Ventures, founded by the former Vice President and General Manager of Apple, Pascal Cagni. Fiona Dent, Group Managing Director, Time Inc. (UK) and existing investors also joined the round.
Clippings CEO Adel Zakout stated: “We’re creating a powerful digital platform to disrupt the interior design industry and ultimately create a far better experience for its customers. Hundreds of design brands and thousands of customers are already part of the Clippings story and today we’re happy to announce that C4 Ventures is joining us on that journey too.”
C4 Ventures founder Pascal Cagni said: “We believe the interior design industry is ripe for disruption. Adel and Tom’s unique insight and experience with this market as well as the powerful yet user-friendly platform they have built makes Clippings uniquely positioned to digitise interior design and dramatically enhance interior designers’ day-to-day work.”
By the way: If you’re interested to join a fast-growing startup like Clippings, make sure to check out the EU-Startups Job Board.