December 8, 2014
Framebridge, the DC art framing startup that offers affordable framing options for consumers, has announced a $3.75 million seed round led by Steve Case’s Revolution Ventures and New Enterprise Associates. In August of this year, the company raised an initial $1.25 million from NEA, former LivingSocial CEO Tim O’Shaughnessy, and Steve Case himself. Today, Framebridge has disclosed an additional $2.5 million in funding towards its seed round.
Traditional framing services cost a hefty sum and oftentimes becomes more inconvenient than needs to be for consumers. Based in Lanham, MD, Framebridge launched back in August to provide an alternative way to approach the way we buy frames for art, photos, or whatever it may be. Through the use of a simple mobile app, users can easily preview the look of various frames available from Framebridge. With prices 50 to 70 percent cheaper than what’s currently available, an easy process for having art shipped and framed, and a short, two-week turnaround time, Framebridge is making framing more convenient and affordable than ever.
Since launching, the company has seen a double-digit increase in month-over-month orders and has been featured in publications like Architectural Digest and InStyle magazine. Most recently, CEO and founder Susan Tynan (formerly of LivingSocial) was featured in the The New York Times‘s story on women who graduate from Harvard Business School.
According to the company, this new financing will enable Framebridge to grow its current staff and increase its production space.
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