Advance Venture Partners (AVP), the venture capital affiliate of publishing group Advance Publications, has led a $15.4m series B round for UK-based home furnishings marketplace Clippings.
The round also featured C4 Ventures, the VC firm that led Clippings’ $3.6m series A round in May 2017, participating alongside angel investors Fiona Dent, Spas Roussev and Simon Clausen, the latter two as existing backers.
Founded in 2014, Clippings has built an online platform that aggregates data covering more than 7 million home design products such as furniture and lights, allowing users to build ‘mood boards’ and source items for interior design projects.
The funding will support technology development, the addition of new product categories and a move into the US market. AVP partner Courtney Robinson will join Clipping’s board of directors in connection with its investment.