Framebridge Closes $7.7m Series A Funding

framebridgeFramebridge, a Washington DC-based online & mobile custom framing startup, closed a $7.7m Series A funding.

The round was led by New Enterprise Associates (NEA) and Revolution Ventures with participation from Timothy O’Shaughnessy, President of Graham Holdings and former CEO & co-founder of LivingSocial.

The company, which has raised over $11m to date, intends to use the funds to build out its business and engineering teams, advance product development, production expansion and customer acquisition efforts.

Launched in August 2014 by Susan Tynan, CEO, Framebridge leverages ecommerce, logistics and in-house production to make framing affordable. Customers can order online by selecting from a curated selection of stylish frame choices. Pricing based on art size, ranging from $39 to $159 (shipping free). The art is custom framed with precision and care by expert framers at Framebridge’s production facility in Maryland, then shipped directly to customers, ready to hang.

FinSMEs

19/06/2015

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