This week Havenly announced it has raised $12.5 Million in Series B funding. The company's co-founder and CEO Lee Mayer explains how she is using this funding to grow the brand.
Mayer explains Havenly is using this surge of funding to enhance the user experience. The start-up is leveraging data to match consumers with the right designers to create a personalized experience.
"We're planning on expanding on the technology, and growing our team," said Mayer. "We basically help you decorate your entire home."
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
Netflix has reported that its password crackdown has led to growth in subscriber numbers, announcing it added 8.8 million subscribers worldwide between July and September.