Bengaluru-based Infurnia Technologies, which runs an eponymous cloud-based architecture design software platform, has raised $240,000 from a group of angel investors, including Charts.com founder Pallav Nadhani.
The latest round, dubbed an extended pre-Series A round, values the startup at $7 million post money, co-founder Lovepreet Mann told TechCircle while declining to disclose the identities of other investors.
The funds will be deployed to ramp up the firm’s development team and expand its market presence.
The company, including the latest capital infusion, has raised a total of $1 million so far. It last raised funds in October 2019, when a group of angel investors infused $200,000 in it.
Infurnia, founded in 2014 by Mann and Nikhil Kumar, provides solutions for multiple facets of a design, such as architectural floor plans, 3D elevation design, rendering and BOQ generation. The design platform can be accessed on any device, anywhere, without downloading any package. The company’s web-based approach allows professionals to collaborate over the same design, get client feedback and work with real product catalogues from global brands.