Inhabitr Raises $27 Million to Scale AI-Driven B2B Furnishing Platform
New capital infusion to drive commercial real estate sector growth and global market expansion
Inhabitr, the pioneering AI-powered commercial real estate furnishing platform, has successfully secured $27 million in a Series B funding round led by Hamilton Ventures, alongside other influential commercial real estate owners and operators.
This substantial investment marks a significant milestone for Inhabitr, enabling the company to significantly increase its revenue target by furnishing over 100,000 units by the end of 2025. The funding will further drive growth in the B2B sector, serving a diverse spectrum of commercial real estate, including hospitality, multifamily, and student housing, catering to both independent and branded properties across budget to luxury segments. Additionally, Inhabitr plans to utilize the funds to expand its presence into the Middle Eastern and UK markets.
Inhabitr's innovative platform harnesses AI technology and seamlessly blends human expertise with real-time insights into global furniture inventory, cost, and availability. Powered by cutting-edge AI specifically trained for FF&E (furniture, fixtures, and equipment), it transforms how you discover, curate, purchase, and get value from design assets. Imagine using Generative AI to visualize design concepts or leveraging Large Language Models to find the perfect piece for your space. This platform, fueled by disruptive technologies, represents a design experience unlike any other.
"At Inhabitr, we are on a mission to revolutionize the commercial furnishing industry through cutting-edge technology," stated Ankur Agrawal, founder and CEO of Inhabitr. "Unlike traditional residential furniture companies with a professional arm, Inhabitr is purpose-built to address the unique challenges of commercial real estate. Our AI-powered platform, coupled with our extensive network of suppliers and partners, enables us to deliver high-quality, commercial-grade furniture solutions with unparalleled flexibility, speed, cost-efficiency, and sustainability. This latest funding round is a testament to our innovative approach and will empower us to accelerate our growth, expand internationally, and continue to transform the commercial furnishing landscape."
"Investing in Inhabitr and leading the Series B funding round was a natural choice given their remarkable growth trajectory and unwavering commitment to innovation," said Prashant Kothari, Managing Director of Hamilton Ventures. "With one of the best teams we have seen and disruptive AI technology, we believe Inhabitr is well-positioned to continue redefining the B2B furniture landscape. Hamilton is thrilled to support them in their global expansion efforts."
For more information, please see full press release.
Connect With Hamilton Ventures
If you are a proptech entrepreneur looking for guidance or capital please apply via our website, or contact TJ Fleming: tfleming@hamiltonventures.io
If you are interested in investing in our portfolio opportunities, reach out to Prashant Kothari: pkothari@hamiltonventures.io