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."
Stocks were mixed at the open but Wall Street was heading for a losing week as investors digested the hints that the Federal Reserve could raise rates before the end of the year.
Sales of previously occupied U.S. homes fell for the third month in a row in August, as higher mortgage rates, rising prices and a dearth of properties on the market shut out many would-be homebuyers.
