Private Equity
Floyd Inc, a Detroit-based online furniture company, has raised $5.6 million in Series A funding. The investors included Beringea. FARMINGTON HILLS, MICH. (Jan. 18, 2018)— Beringea, a private equity firm providing growth capital to high growth, high potential businesses, has made a new investment in Floyd, Inc., an online furniture company that designs and manufactures high-quality pieces at an attainable price point. The capital, part of a $5.6 million Series A funding round, will help the company expand its existing product line, scale its marketing, and grow its team.

In this article