Inhabitr plans major expansion after securing series B round

SAN FRANCISCO — AI-powered commercial real estate furnishing platform Inhabitr has secured $27 million in Series B funding led by Hamilton Ventures, alongside other commercial real estate owners and operators.

The investment will support Inhabitr’s goal to furnish more than 100,000 units by the end of 2025, particularly focusing on the B2B sector, including hospitality, multifamily and student housing properties. The company also says it plans to expand into the Middle Eastern and UK markets with the funds.

Inhabitr’s platform utilizes generative AI to provide real-time insights into furniture inventory, cost and availability, aiming to streamline the furnishing process for commercial properties. Additionally, the company offers a financing solution to help property owners upgrade their spaces with minimal upfront investment.

Inhabitr aims to provide a faster and more cost-effective furnishing process compared with conventional methods, having already furnished over 20,000 units across the United States, such as a 140-room boutique hotel in Hawaii that it furnished within five months.

“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.

” 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,” he added.

See also:

  • Blurred lines: 3D, AR recast possibilities for furniture designers, manufacturers
  • Inhabitr moves HQ to West Coast, adds key California markets

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