Fuigo, a NYC-based provider of workspace and business solutions for interior designers, raised in a Series A funding of undisclosed amount.
Backers included John Edelman, CEO of Design Within Reach, and Tim Cassidy, Director at Liaigre, and other key players in the fashion industry and fashion holding groups.
Founded in 2015 by Maury and Mickey Riad, owners of the heritage textile company Fortuny, Fuigo provides an enterprise project management software platform for interior design practices.
The company intends to use the funds for the development of its software platform and release of Market — a marketplace that reimagines and streamlines sourcing, purchasing, and tracking for trade orders from the world’s finest luxury brands.
The company’s 18,000 square-foot Park Avenue studio includes workspaces and New York’s largest material lending library with samples from over 1,000 of the top A&D vendors.