Home24, the Germany-based online furniture retailer backed by e-commerce group Rocket Internet, received €20m ($22.7m) in funding from undisclosed new and existing investors on Thursday.
Founded in 2009, Home24 operates an online platform that sells furniture, home accessories and garden equipment, offering a total of some 180,000 products from around 800 manufacturers with delivery free for customers.
The company, which currently operates in seven European countries as well as Brazil, will put the funding toward enhancing system processes and customer…