L’ArcoBaleno Raises “Seven-Figure” Series A Financing
L’ArcoBaleno (which means “The Rainbow” in Italian), a New York- and Berlin, Germany-based luxury design ecommerce site, raised a “seven-figure” Series A financing.
The exact amount of the round was not disclosed.
The round was led by Holtzbrinck Ventures, with participation from DN Capital, Otto Capital BV and Novel TMT Ventures as well as individual investors Carmen Busquets, Frederic Court and Christophe Maire.
Launched in June by Creative Director Ambra Medda and CEO Oliver Weyergraf, L’ArcoBaleno combines a curated marketplace of furniture, lighting, crafts and decorative arts with magazine-style content covering work across the above mentioned items, architecture and technology.
The site also features a Concierge Service to help with shipping arrangements, insurance options, condition reports, and a library of detailed images.