Narchie, the social marketplace app for homeware, has secured a pre-seed investment of £475K from experienced entrepreneurs and investors including, Episode 1 Ventures’ partners, Simon Murdoch, Damien Lane, and Adrian Lloyd. The company will use the funding to support its ambitious plans to grow the product, engineering, and community support teams.
How was Narchie born?
The idea for Narchie came about when friends asked Harriet to help them source homeware items for their homes. Harriet was frustrated by the time-consuming trawling this process involved, searching on sites like Gumtree, Ebay, and Etsy.
And that is when Harriet decided there was a need for a creative, inspiring homeware first platform where decor enthusiasts could buy, sell and connect.
Challenging “waste culture”
According to the company, 22 million pieces of furniture are thrown away in the UK every year. Narchie is challenging this “waste culture” with their new homeware marketplace app that promotes a circular lifestyle for homeware.
The second-hand market has been booming in recent years, with…
