Home Business NewsTech News Made.com may soon be a £100m company – here's how

Made.com may soon be a £100m company – here's how

by LLB Editor
19th Jan 15 9:30 am

Made.com might by eyeing a London listing that could value the online furniture retailer at £100m.

The company is working with advisers at Citi, Peel Hunt and Rothschild to raise up to £50m, according to the Daily Telegraph.

Made.com was launched in 2010 by Lastminute.com co-founder Brent Hoberman, his former colleague at mydeco Chloe Macintosh, and Ning Li and Julien Callede.

Hailed as one of the UK’s fastest growing tech companies, Made.com has three showrooms – one each in Notting Hill and Shoreditch and another in Leeds.

On its website, Made.com claims it connects customers directly with designers and sells furniture at prices 70% lesser than big retailers.

The retailer has 160 employees and has grown by around 100% year-on-year for the past three years on average.

According to CrunchBase, Made.com has raised $21.1m in three rounds from six investors since its launch.

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