Trampoline, a cross-border B2B design-led home decor brand, bagged USD 5 million in its series C round. The funding round was led by Matrix Partners India and WaterBridge Ventures, with participation from Alteria Capital with an additional USD 2 million in venture debt.
With the fresh capital in the bank, Trampoline will solidify its supply chain and sourcing capabilities, progress new product development and establish the early team, the company said in a statement.
Founded in December 2023 by Abhik Ghosh, Anushka Mahanti and Varun Deo, Trampoline aims to provide independent retailers, interior designers and wholesalers access to ethically manufactured products at low-to-no minimum order quantities, with an accretive margin profile, credit terms, and best-in-class logistics and delivery experience.
Since its launch in the United Kingdom in February, the company has seen significant demand, with over 1,500 units ordered in the first few months. Independent retailers and interior designers have embraced Trampoline’s mission to bridge the gap between their stores and manufacturers.