WorldStores Raises £25M in Funding

WorldStoresLogoWorldStores, a London, UK-based independent online retailer of furniture and homewares, raised £25m in funding.

The round was led by Goldman Sachs with participation from existing investors Balderton Capital, Advent Ventures, and Serena Capital.

The company, which has raised around £46m to date, intends to use the funds to create an in-house fulfilment fleet to enable fast delivery and expand adoption of Casafina, its flash sales membership-based platform.

Established in 2008 and led by Richard Tucker and Joe Murray, WorldStores is an online retailer of products for the home and garden including beds, mattresses, bookcases, kitchenware, clocks, sofas, rugs, DIY and sheds from over 800 brands.

FinSMEs

06/03/2015

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