Prolance, a Bangalore, India-based SaaS company for interior design, has raised $2 million (INR 16 Cr) in pre-Series A funding.
The round was led by Fundamental and Axilor, with participation from Arali Ventures and Force Ventures in the funding round.
Prolance intends to utilize the additional capital to broaden its product offerings and increase its geographic reach throughout India.
Company: Prolance Services Pvt Ltd.
Raised: $2.0M
Round: pre-Series A
Funding Month: Aug 2022
Lead Investors: Fundamental and Axilor
Additional Investors: Arali Ventures and Force Ventures
Company Website: https://www.prolance.co.in/
Software Category: B2B SaaS-based marketplace for the interior industry
About the Company: Founded in 2020 by Rama Harinath K, Vivek Parasuram, Raghunath Gururajan, Jaisimha Sathyanarayana, and Manoj K, Prolance is a B2B SaaS platform for Interior Designers, Architects, Contractors, and Panel Processing Factories. Prolance platform simplifies the process of executing interior projects through automation and aggregation, thus eliminating errors, and cost escalations and ensuring predictability for everyone in the interior business. Prolance is on a mission to make the design process simple, accurate, and effortless. Headquarters is in Bangalore, India.
Source: https://startupstorymedia.com/insights-saas-prolance-raises-2-million-in-pre-series-a-funding/