The round was led by FirstMark Capital.
The company intends to use the funds to expand its home offerings, grow its team, scale production, and increase customer touch-points.
Co-founded in 2014 by Rich Fulop, CEO, and Vicki Fulop, CCO, Brooklinen started making and offering bed sheets and has then expanded into other home products, including comforters, pillows, and blankets by leveraging a direct-to-consumer model.
The company closed 2016 at $25MM revenue, without institutional investment, and counts new product offerings and category expansion among its imminent goals.
FinSMEs
16/03/2017