Tylko

Tylko is a Polish company specializing in customizable modular furniture solutions, particularly innovative shelving systems crafted to enhance living spaces and address storage challenges. Founded in 2015, Tylko operates from its headquarters in Warsaw, Poland, offering tailored furniture solutions. The founders, Benjamin Kuna, Daniel Tweddle, Hanna Kokczynska, Jacek Majewski, Matthew Tweddle, Michal Piasecki, and Mikolaj Molenda, aimed to revolutionize the furniture industry. The company has secured a total of EUR 22.

00 mn in funding over four deals, with the latest being a Series C round in March 2021, co-led by EVLI Growth Partners and Pitango Venture Capital, along with other investors. This funding has enabled Tylko to strengthen its market position and expand its operations. Tylko specializes in customizable furniture solutions, primarily offering modular shelving systems that can be tailored in size, color, and configuration to meet individual customer needs. Their products are designed to optimize space while providing aesthetic appeal, catering to urban dwellers and interior designers.

Tylko's offerings are available across Europe, with notable presence in Germany, France, and the United Kingdom, targeting homeowners and retailers seeking innovative storage options. In the most recent financial year, Tylko reported a revenue of EUR 34,392,458. 70 with an EBITDA of EUR -5,150,654. 10.

The company generates revenue through direct-to-consumer sales via its online platform, where customers can customize their shelving solutions, thus maintaining a direct relationship with consumers and fostering brand loyalty. Following the Series C funding round completed on March 23, 2021, Tylko plans to leverage the EUR 22. 00 mn raised to facilitate its global expansion beyond Europe and introduce new product categories. The company aims to enter new geographic markets, though specific target regions have not been disclosed.

The funding will support these initiatives, enhancing Tylko's ability to innovate and meet diverse customer demands.