CasaOne, the San Francisco-headquartered furniture rental company, has completed a $16 million Series B round of financing led by Accel. The investment round also saw participation from existing investor JLL Spark, Freestyle Capital, NextWorld Capital, and Array Ventures. Other new investors include Quiet Capital, HNI and WeWork and a few prominent angel investors including Lydia Jett from Softbank’s Vision Fund. The company was founded by Carlos Escutia, Madhusudan Kagwad & Shashank P S in 2017.
This round of financing will help CasaOne expand to new geographies, further invest in hiring technology and engineering talent and expand into adjacent product categories.
Shashank, the founder and CEO of CasaOne said, “At CasaOne and BureauOne, we are building technology for real-time inventory, supply chain, and large format logistics for the old school furniture and logistics industries. This helps us deliver best-in-class SLAs to our customer. Our goal will always be to place our customers front and centre by offering a wider selection of furniture, higher flexibility, and better pricing coupled with a turnkey solution.”
CasaOne and its B2B offering BureauOne provide a full-service rental solution while also minimizing and eliminating friction when it comes to furnishing spaces in short periods of time. CasaOne operates out of six markets – Chicago, New York, Los Angeles, Seattle, the San Francisco Bay Area, and Washington, D.C.
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