Fabelio Announces Series C

June 17, 2020Client News

Gunderson Dettmer client Fabelio, an online furniture retailer, raised its million Series C financing led by AppWorks, MDI Ventures and Endeavour Catalyst.

In the announcement of the transaction Fabelio CEO and co-founder Marshall Tegar Utoyo said, “Our main focus will be to improve our product categories and improve delivery times. On top of that, we will expand our sphere of influence across Indonesia by opening new warehouses and experience centres in new cities.”

The Gunderson deal team was led by Jon Pentzien and included David He and Soo Guo Kai.