Trampoline raises $5 million in seed round led by Matrix Partners, others

Trampoline, a cross-border business-to-business home decor brand has raised $5 million (Rs 40 crore) in a seed funding round led by Matrix Partners India along with WaterBridge Ventures and Alteria Capital.

The brand will utilise the funds to strengthen its supply chain, product development and team expansion.

Commenting on the funding, Abhik Ghosh, co-founder CEO of Trampoline in a statement said, “Trampoline’s tech play aims to provide independent retailers the data and personalisation to efficiently curate for their stores, while equally deploying tech enabled QC/QA (quality control/quality assurance) and supply chain solutions for our manufacturer partners.”

Sudipto Sannigrahi, managing director at Matrix Partners India added, “With a strong customer backward design sensibility and a fully digitised supply chain, Trampoline is uniquely positioned to solve for key pain points around discoverability, quality and reliable supply of products, for home decor retailers globally.”

Founded in December 2023 by Abhik Ghosh, Anushka Mahanti, and Varun Deo, Trampoline provides independent retailers, interior designers, and wholesalers access to ethically manufactured home decor products.