Home Decor Firm Trampoline Secured $5 Million Led by Matrix Partners, WaterBridge
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Trampoline, a cross-border B2B home décor brand, has raised $5 million in its seed round led by Matrix Partners India and WaterBridge Ventures, with participation from Alteria Capital with an additional $2 million in venture debt.
As per the startup, the funding will be used to enable Trampoline to solidify its supply chain and sourcing capabilities, progress new product development and establish the early team.
Trampoline | B2B home décor brand
Founded by Abhik Ghosh, Anushka Mahanti and Varun Deo in December 2023, starting from design to delivery, Trampoline promises a full stack experience. It provides a toolkit with features like tailored curation, accretive payment arrangements, and no or low MOQs (minimum order quantities).
Post its successful UK launch in the month of February 2024, the startup claims to have seen high demand across customers in the UK with over 1,500 units ordered in the first few months.
Customers including independent retailers and interior designers have resonated with Trampoline’s mission to bridge the gap between their stores and manufacturers.
Speaking about the development, Anjali Sosale, partner at WaterBridge Venture, said,
“Trampoline dismantles traditional barriers to scale – heavily intermediated supply chains, opaque pricing, and lack of quality assurance – and enables independent retailers to diversify their supplier base and access exclusive product catalogues. India is one of the world’s largest exporters of home decor products, exporting over $10 billion annually and predominantly led by SMEs.”
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