Stori

Lucas creates aesthetic interior experiences - and the concept is booming!
+270%
Revenue Growth Rate
1.35m
Total Funding Amount

The challenge

After having found success online retailing design furniture, Stori shifted focus to building its own furniture brand. However, covering production costs and bridging shipping time financially proved to be a burden on Stori’s cash flows. Stori needed funding to not only cover the long lead times putting pressure on the business’s liquidity but also finance the production of new furniture items to keep up with demand. 

The solution

To date, MXNEY has funded Story with over 1.3 million DKK in growth capital securing funds to produce more inventory and bridge lead times allowing the company to keep up with demand. Now Stori sends over 12.000 packages annually to bring beautifully curated interior design items right onto your doorstep. 

With MXNEY as a growth partner, 2021 will be the first year with a double-digit million turnover and the third-year consecutive year with triple-digit growth.

MXNEY’s funding-as-a-service model makes it a great way to grow during uncertain times. Their flexible repayment model was particularly helpful throughout the Covid pandemic.
Lucas Rantzau
,
Co-Founder
,
Stori.dk

Founder interview

We sat down with Lucas and had a chat about his experience with MXNEY.

Read more

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