Retail

Ernesta Hits 100% Year on Year Growth and Now Has $57.5 Million to Take on the Rug Industry

Ernesta, the custom sized rug startup founded by former Peloton leaders, has secured $20 million in Series B funding to accelerate its shift from online newcomer to scaled omni channel home brand.

Ernesta Hits 100% Year-on-Year Growth and Now Has $57.5 Million to Take on the Rug Industry
Retail

Ernesta Hits 100% Year on Year Growth and Now Has $57.5 Million to Take on the Rug Industry

Credit: Ernesta

Ernesta, the custom sized rug startup founded by former Peloton leaders, has secured $20 million in Series B funding to accelerate its shift from online newcomer to scaled omni channel home brand. The round, led by Addition with participation from existing backers True Ventures and Platform Capital Management, brings total capital raised to roughly $57.5 million and extends the company’s runway for retail and technology expansion.

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