Tech Company Financing Transactions

Ernesta Funding Round

Ernesta closed a $25 million Series A funding round on 11/8/2022. Investors included Addition, True Ventures and private investors.

Transaction Overview

Company Name
Announced On
11/8/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors

Addition (Lead Investor)

True Ventures

Proceeds Purpose
The company plans to expand across the custom category of the domestic rug market.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
322 8th Ave.
New York, NM 10001
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Ernesta is on a mission to bring gorgeous, design-focused custom rugs to homes and places of gathering through an enjoyable, frictionless, and affordable experience. At the same price as a store-bought standard-sized rug, a custom-cut rug from Ernesta will not only be a better fit, but also a better buying experience.
Profile
Ernesta LinkedIn Company Profile
Social Media
Ernesta Company Twitter Account
Company News
Ernesta News
Facebook
Ernesta on Facebook
YouTube
Ernesta on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Foley
  John Foley LinkedIn Profile  John Foley Twitter Account  John Foley News  John Foley on Facebook
Chief Marketing Officer
Alan Smith
  Alan Smith LinkedIn Profile  Alan Smith Twitter Account  Alan Smith News  Alan Smith on Facebook
Chief Operating Officer
Jamie Beck
  Jamie Beck LinkedIn Profile  Jamie Beck Twitter Account  Jamie Beck News  Jamie Beck on Facebook
Chief Technical Officer
Yony Feng
  Yony Feng LinkedIn Profile  Yony Feng Twitter Account  Yony Feng News  Yony Feng on Facebook
Chief Technical Officer
Eric Hwang
  Eric Hwang LinkedIn Profile  Eric Hwang Twitter Account  Eric Hwang News  Eric Hwang on Facebook
VP - General Counsel
Hisao Kushi
  Hisao Kushi LinkedIn Profile  Hisao Kushi Twitter Account  Hisao Kushi News  Hisao Kushi on Facebook
VP - Human Resources
Kristy Foss
  Kristy Foss LinkedIn Profile  Kristy Foss Twitter Account  Kristy Foss News  Kristy Foss on Facebook
VP - Product Management
Marissa Vivori
  Marissa Vivori LinkedIn Profile  Marissa Vivori Twitter Account  Marissa Vivori News  Marissa Vivori on Facebook


 

 

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Prev: 11/8/2022: Speedoc venture capital transaction
Next: 11/8/2022: BC Platforms venture capital transaction

 

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Where The Data Comes From

We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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