SaaS startup for interior designing, Prolance raised $2 million in Pre-Series A led by Foundamental and Axilor where Arali Ventures and Force Ventures also participated.
Prolance assists in the automation of interior design processes such as CNC file generation, furniture and fitting installation, and quote generation. It also aids in the acquisition of materials for home improvement projects. Prolance intends to use the new funds to broaden its offerings and expand its geographical footprint across India. According to a report, the country’s interior design industry, which was valued at $23.2 billion in 2020, is expected to grow to $38.2 billion by 2027. During the period 2021-2027, the industry will grow at a 7.4% CAGR.
