TDJ Pitango Ventures invests 15 million PLN in Polish Tylko
- The application for ordering bespoke furniture is already the fifth investment of the fund over the last 12 months
- Tylko, supported by international investors and designers is a game changer on the market worth 330 billion USD
- The Warsaw-based company already sends its products to almost 30 countries around the world
Tylko is not only a new brand of bespoke furniture. We are creating a new category on the market,” describe themselves the creators of Tylko – the company that sells furniture to 28 countries. This means thousands of shelves ordered each month by customers from around the world. Now, the Polish company enters a new phase of international expansion, with a powerful capital injection from its new investor: TDJ Pitango Ventures. This Polish-Israeli investment fund has spent nearly 15 million PLN (3.9 million USD) on the development of Tylko. For TDJ Pitango Ventures it is already the fifth investment over the last 12 months.
What is the uniqueness of Tylko, already appreciated by almost 15,000 customers, all about? This Polish brand offers a breakthrough product and service, changing the way in which interior furnishings are ordered and sold. With Tylko, customers can benefit from simple and intuitive tools to design their own furniture in line with the adaptive design concept. Thanks to the application, which is based on augmented reality and parametric modelling, the entire process takes just a few minutes and gives the user an endless combination of possibilities, including free choice of furniture heights and widths. Colour schemes of Tylko products, which are made in several selected factories in Europe, can be customised as well. The furniture can be easily and repeatedly assembled and disassembled.
– Tylko is the outcome of several years of efforts by the team that currently involves several dozen people. Our advantage is an excellent product, including both the application and the furniture product itself, combined with a refined production and logistic process, emphasizes Benjamin Kuna, adding that Tylko has just launched a new product line: Tylko Type02.