Modsy, a San Francisco, CA-based provider of a personalized home design solution, raised $8M in Series A funding.
The round was led by Norwest Venture Partners with participation from existing investors Eoin Harrington (SVP, Restoration Hardware), Joanne Wilson (Gotham Gal Ventures) and Pascal Levensohn (Dolby Ventures).
The company intends to use the funds to recruit graphics engineers, 3D artists and designers from across the industry, expand marketing efforts and prepare the launch.
Founded in February 2015 by Shanna Tellerman, CEO, Modsy leverages computer vision, 3D capture, and photorealistic 3D rendering tools to allow consumers to visualize design ideas in the context of their home.
The product, currently in a private beta, enables users to capture photos of their existing rooms, share their taste preferences, and submit. Modsy will then return images of their space completely redesigned, along with links enabling the purchase of furniture that matches their style and fit within their budget.
FinSMEs
02/02/2016