The Citizenry Raises $20M in Series B Funding

The Citizenry - Rachel Bentley and Carly Nance
Rachel Bentley and Carly Nance

The Citizenry, a Dallas TX-based direct to consumer home decor brand that partners with artisans, raised $20M in Series B funding.

The round was led by NextWorld Evergreen.

The company will use the capital to accelerate its evolution into a whole-home, omnichannel brand, accelerate expansion of its furniture collection, and invest in additional sales channels, including physical retail.


Led by Rachel Bentley and Carly Nance, The Citizenry is a direct to consumer home decor brand that partners with artisans and manufacturers to create exclusive collections of home goods. Since closing its Series A in December 2019, the company has grown sales over 200% with repeat customers driving 45% of sales. Over the same period, it has supported over 3,000 artisan jobs, 58% of which were held by women.

The Citizenry has a flagship store in Soho, which opened in late 2020.

FinSMEs

30/06/2021