Early-stage Tylko raises €22 million to expand its ‘digital-first’furniture concept

Tylko, the Polish digital-first furniture company, announced the closing of a €22 million Series C round of funding led by Israel-based Pitango Ventures and Finnish Evli Growth Partners. The €22 million investment follows a strong year for Tylko, with its unique approach to furniture design generating a 132% increase in sales in 2020 in comparison to previous years.

Since its creation in 2015, Tylko has served almost 60,000 satisfied customers and shows no signs of slowing down. Tylko believes that the furniture industry can be swayed from ‘fast furniture’ towards durable, user-first products. Individually designed by the customer from home, based on the principles of parametric design, each item is an individual solution.

Tylko has seen sales during the pandemic rise by 132%, as its future-proof business model adopts an online-only, direct-to-consumer (D2C) and made-to-order approach. From each order Tylko’s unique proprietary software automates the manufacturing process for its production partners: a directly scalable process.

The new funding will also support Tylko’s further expansion into markets beyond Europe as well as the launch of new product categories. Currently, Tylko’s portfolio consists of the original Type01 in Plywood and Veneer and its successor the Type02, two product families in which customers can configure anything from a bookcase to a shoe rack to a TV stand.

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