The Fund TA Venture invested in Ukrainian startup, which sells furniture in Internet – Pufetto.com. The Fund has informed that more details on the dea will be disclosed in January. The sum and terms of the deal are not disclosed, but the Fund usually invests in projects at the seed stage ($50-300K) and the early stage ($300K-1M).
According to the CEO of the project Bogdan Kozachenko, the startup searched for investments on the market. It helped him finding an investor that the Startup’s CEO has many contacts among Interet-entrepreneurs, and besides, from the very start of the project he always told about the project on the market. This year the project was nominated for “Opening of the year” in the contest “Ukrainian E-commerce Awards”.
Attracted Funds are planned to ne spend for sales growth. “We have gathered definite volumes of sales and are planning its further increase, this is why we have a task to build reliable and effective structure of qualitative orders execution and clients serving, at which will be directed the major part of investments”, - says Bogdan. On the whole, the Startup’s team considers to make an expertise and hopes that the TA Venture will help implementing the “best practices” in the sphere of e-commerce.
The Startup “Pufetto.com” earns due to sales of its chairs and sofas. The site’s peculiarity is in the fact that all the prices are calculated immediately with taking into consideration fabrics, size, mechanism, and it is also possible to “color” the selected fabric and see from each side.