Home Insight FUNDING NEWS- Newly Funded Startups 2024 Trampoline Secures $5 Mn Funding Round led by Matrix and WaterBridge

[Funding News] Trampoline Secures $5 Mn Funding Round led by Matrix and WaterBridge

Cross-border B2B home décor brand Trampoline has closed its $5 million seed round. The brand is led by design. WaterBridge Ventures and Matrix Partners India lead the investment.

The new funding will allow it to build an early team, advance new product development, and strengthen its supply chain and sourcing skills.

Read also – Smartworks Raises Rs 100 Cr Funding from Ananta Capital

Trampoline wants to give independent retailers, interior designers, and wholesalers access to products that are made responsibly, with credit terms, an accretive margin profile, and the best possible logistics and shipping experiences. Minimum order quantities can be as low as zero.

In the first few months, the company reports that over 1,500 devices were ordered, indicating a substantial demand from clients in the UK. The business added that Trampoline’s goal of bridging the gap between its stores and manufacturers has struck a chord with customers, especially independent retailers and interior designers.

Abhik Ghosh, Co-founder & CEO, Trampoline said: “Trampoline’s tech play aims to provide independent retailers the data and personalisation to efficiently curate for their stores, while equally deploying tech-enabled QC/QA (quality control/quality assurance) and supply chain solutions for our manufacturer partners.”

Sudipto Sannigrahi, Managing Director, Matrix Partners India, said: “With a strong customer backward design sensibility and a fully digitized supply chain, Trampoline is uniquely positioned to solve for key pain points around discoverability, quality and reliable supply of products, for home decor retailers globally,”

About Trampoline

Founded in 2023 by Abhik Ghosh, Anushka Mahanti and Varun Deo, Trampoline is a new global B2B platform, providing brands seamless access to premium quality, design-led home décor.

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