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COCOLI Raises $3.2 Million in Seed Funding Round to Revolutionize Sustainable Living in the Retail Furniture and Home Furnishings Industry.

COCOLI Raises $3.2 Million in Seed Funding Round to Revolutionize Sustainable Living in the Retail Furniture and Home Furnishings Industry.

June 1, 2023

Berlin, Germany - COCOLI, the ultimate online destination for preloved design furniture and decor, is pleased to announce the successful completion of its seed funding round, raising $3,204,000. The funding round was led by IBB Ventures, with participation from Adevinta and Ship2B Ventures. This significant investment will empower COCOLI to accelerate its mission of making sustainable living easy and expanding its reach in the retail furniture and home furnishings industry.

COCOLI's unique platform provides a seamless experience for users to speed-sell their furniture or explore quality-checked design treasures from curated collections. The company also offers hassle-free transport services and quick payments, enabling a convenient and sustainable way to give the furniture a second life.

Co-founded by Gemma Comabella Noguero, COCOLI is headquartered in Berlin, Germany, a hub of innovation and sustainability. Committed to the vision of active sustainable living, COCOLI serves as a multi-brand platform for preloved premium furniture and design objects, curated by style experts. The company aims to create synergies between old and new, reviving items instead of discarding them.

"We are thrilled to have secured this significant investment in our seed funding round," said Gemma Comabella Noguero, Co-Founder of COCOLI. "With the support of our investors, IBB Ventures, Adevinta, and Ship2B Ventures, we will be able to further strengthen our position as the go-to platform for sustainable living. This funding will enable us to expand our network of furniture brand icons, grow our base of unique pre-loved pieces, and enhance our platform's features to provide an exceptional experience to our users."

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