Havenly Acquires The Citizenry: A Perfect Match for Your Home Decor Needs! 🏡💫
Today, online interior design startup Havenly announced its acquisition of artisan home decor startup The Citizenry.
Havenly, an interior design startup, buys The Citizenry, a home decor retailer.
Hey there design enthusiasts and home decor connoisseurs! 🖐️ Are you ready for the latest exciting news in the world of interior design? Get ready to break out your virtual shopping carts because online interior design startup Havenly has just announced its acquisition of artisan home decor startup The Citizenry! 🎉🛋️
Building an Irresistible Collection of Home Brands 🌈
Havenly’s mission to create a design-first ecosystem for the rising digitally native home consumer is taking a giant leap forward with this strategic move. By adding The Citizenry to its portfolio, Havenly is building a collection of home brands that will make every shopper’s heart skip a beat. 😍💖
The Citizenry and its Artisanal Wonders ✨🎨
In case you haven’t heard of The Citizenry, let me fill you in on the delightful details. Launched in 2014, this innovative company collaborates with artisans from around the globe to produce limited-edition runs of handcrafted home goods. From furniture to textiles and home decor, The Citizenry brings the finest artisanal creations right to your doorstep. 🌍✨
A Stellar Acquisition Record 🌟✅
This isn’t Havenly’s first time making a savvy move in the home furnishing space. In fact, this is their third acquisition in just two years! Talk about growth! Last year, they snapped up the customizable furniture and upholstery brand Interior Define. Then, in 2022, they expanded their portfolio further by acquiring home furnishing brand The Inside. Now, with the addition of The Citizenry, Havenly has solidified its position as the go-to destination for stunning and curated home decor. 👏🛍️
Bringing the World to Your Doorstep 🌍🏠
Through this acquisition, Havenly customers will gain access to The Citizenry’s assortment of elevated home decor products. 😍 From rugs and bedding to decorative baskets and accents, these beautifully designed, globally-inspired products are ethically crafted by master artisans and heritage manufacturers. By shopping with Havenly, you’ll not only be cultivating a unique and meaningful home for yourself but also supporting these talented makers. It’s a win-win situation! 🎁🤝
The Financials and Beyond 💰🔮
While the financial terms of the deal remain undisclosed, we can’t ignore the impressive backing Havenly has received over the years. Their most recent funding round, a whopping $32 million Series C, took place in October 2019. This brought their total amount of funding raised to an impressive $57.8 million! 💸💥
As for The Citizenry, they secured an impressive $20 million in Series B funding in June 2021. Their success even led them to open their very first brick-and-mortar store in the bustling city of New York in 2020. Havenly assures us that no changes will be made to The Citizenry’s beloved store. It’s a place where you can still immerse yourself in their enchanting creations. 🏬✨
A Bright Future for Havenly and the Home Design Industry 💡🚀
So, what’s next for Havenly? According to CEO Lee Mayer, the plan is to continue understanding what consumers are looking for in terms of home design. With digitally native millennials becoming the majority of home buyers and the driving force in home decor and furnishings, Havenly is ready to meet their needs head-on. They aim to be at the forefront of the conversation as the overall home furnishings and design market modernizes to cater to this dynamic customer base. 🌟🛋️
🙋 Q&A: Your Burning Questions Answered! 🔥❓
Q: How does Havenly differ from traditional interior design companies? Havenly is breaking the mold of traditional interior design by offering an innovative, tech-driven platform that connects homeowners directly with professional designers. This streamlined process makes design more accessible, affordable, and fun for everyone! 🎉💻
**Q: Can Havenly help me with small projects and updates? Absolutely! Havenly offers a range of design services, from full-room makeovers to quick refreshes. Whether you need help choosing the perfect accent pieces for your living room or a complete redesign of your bedroom, Havenly has got you covered! 💁🎨
Q: Will The Citizenry’s products be available internationally via Havenly? Great news! Havenly ships to customers within the United States and has plans to expand international shipping options in the future. So, stay tuned for global home decor goodness! 🌍✈️
Q: Will Havenly retain The Citizenry’s commitment to ethical craftsmanship? Absolutely! Havenly understands the importance of ethical sourcing and craftsmanship. They are fully committed to upholding The Citizenry’s values and plan to continue working with master artisans and heritage manufacturers to bring you beautifully designed, ethically-crafted products. 🌱🖐️
🌟 Embrace The Havenly Experience! 🌟
Join the growing community of homeowners who have discovered the magic of Havenly. Get ready to transform your living space into a haven filled with personality and style. With the addition of The Citizenry, the possibilities are endless! 🎉✨
Don’t miss out on this exciting merger! Share the news with your friends, and start creating your dream space today! ✨🏡💫
References:
- Havenly Website
- The Citizenry Website
- Interior Define – Havenly Acquisition Announcement
- The Inside – Havenly Acquisition Announcement
- Havenly Series C Funding Announcement
- The Citizenry Series B Funding Announcement
