VC Fund Investments
Design-to-manufacturing startup Prolance raises $2-M led by Foundamental, Axilor
Bengaluru-based design-to-manufacturing SaaS startup Prolance has raised USD 2 million led by Foundamental and Axilor Ventures. Arali Ventures and Force Ventures also participated in the funding round. Started by Vivek Parasuram, Prolance helps interior design companies automate manufacturing operations. It also serves as a platform for procuring manufacturing materials and cloud manufacturing of the projects. The company has partnered with players in the residential interior ecosystem such as Square Yards and Pepperfry. The new funds will be used to add 30,000 new partners over the next few years and to expand the offerings into new categories.
From the Venture Intelligence Angel Investments Database: In Feb 22, Prolance raised INR 4 Cr from Srini Anumolu, Cofounder of GrowthStory; Karthik Bhat, Founder of Force Ventures; and Tarun Matta, Founder of IIMJobs.
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