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Today, East Coast appliance rental startup Conjure launches its account to New Yorkers and burghal neighbors in New Jersey and Long Island. The account has been operating in stealth beneath the name Mobley for over two years, and during that time it has apparent acquirement abound added than 7.6x. Geared against millennial accommodation renters, Conjure’s furniture-for-rent is fabricated up of mostly mid-century and Instagram-friendly designs, which shoppers can charter alone or in designer-curated, room-specific bundles for periods of three to twelve months. In accession to the core, affordable appliance rental service, Conjure is ablution its Bazaar, a agenda exchange alms adornment and accessories for acquirement to accompany the larger, for-rent furniture.
Along with the barrage of Conjure’s New York City service, the aggregation is announcement its berry annular of $9M, led by Pillar VC, RiverPark Ventures and CoVentures. This allotment will go against accretion its accumulating of high-quality home appliance and accessories, augment its chump base, appoint added designers and artists, aggrandize commitment above the greater New York City breadth and growing the Bazaar. On the launch, Pillar VC Parter and Co-founder of E Ink Russ Wilcox shares that, “People adulation the Conjure acquaintance because it takes abroad all of the demanding genitalia of capacity a room. As a rental business model, the key to Conjure is that it pools the purchasing ability of its customers—so the added bodies assurance up, the bigger it gets for everyone. We see Conjure bushing an capital and disregarded gap in the retail industry and are captivated to advance in this latest berry round."
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