Modsy, a San Francisco-based home decor startup, raised $23m in Series B funding.
The round was led by Advance Venture Partners with participation from NBCUniversal Cable Entertainment, Comcast Ventures, Norwest Venture Partners, Birchmere Ventures, Ame Cloud Ventures, BBG Ventures and GV.
The company will use the funds to accelerate market expansion, delivering new product features and deepening integrations and partnerships with media and retail brands.
Led by Shanna Tellerman, Modsy is a home decor startup that sits at the intersection of design, art and technology, combining together advanced 3D graphics, computer vision and creative curation.
It basically enables users to follow the following four stages:
1 Discover products
2 Build a room profile
3 Design a room with styling tools
4 Buy products from their designs directly from 100+ brands.