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 opened in a positive session as the market is on pace for a 14th straight day of gains that would tie it for the longest winning streak. This follows the Federal Reserve's decision to raise rates.
The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.