The boutique furniture producer, which counts La-Z-Boy as a strategic investor, has raised $5.6m in a round that included Beringea.
Floyd, a US-based boutique furniture producer backed by home furniture producer La-Z-Boy, has secured $5.6m in series A funding from investors including private equity firm Beringea.
Founded in 2014, Floyd designs furniture with a minimalist aesthetic which is then produced at US-based factories using high-quality materials. The items combine wood and steel are intended to be easy to assemble, and the company’s first products are a bed frame and a table.
The cash will help Floyd expand its team and…