Narchie: Raises £475K in Pre-Seed Funding
- Narchie, a UK-based social marketplace app dedicated to homeware, raised £475K in Pre-Seed funding
- The round was led by Episode 1 Ventures with participation from Simon Murdoch, Damien Lane and Adrian Lloyd
- The company intends to use the funds to grow the product, engineering and community support teams
- The company is a social marketplace app for homeware set to launch at the end of the Summer with a waitlist of over 5,000 users
- The app will enable users to create a shoppable profile that suits their individual aesthetic; listing items on a moodboard-style scrollable profile feed
- The explore page will show items and posts based on what each user likes, whilst highlighting posts from those with high engagement, and profiles similar to accounts they follow
