LivSpace has acquired YoFloor, a mobile platform that offers a virtual trial for home design decisions.
With this acquisition, Livspace aims at providing high quality productivity and 3D visualization tools to in-house designers and users. It can give homeowners an immersive design experience in real-time, eliminating the need for a lengthy exchange of design iterations and feedback.
As part of the acquisition, the founders and the core team of YoFloor will join Livspace. This is Livspace’s third acquisition in this year. Previously, it had acquired two design professionals community & marketplace startups DezignUp and Dwll.in.
YoFloor was founded in 2015 by Ankur Mishra and Archit Rathi, it was incubated at Mango Technologies.
The app helps homeowners envision how different home designs, furniture pieces, and furnishings would look in their home.
Livspace, was launched in December 2014 by Anuj Srivastava, Ramakant Sharma and Shagufta Anurag and provides end-to-end home design and decor service provider and curated marketplace for home owners and designers that lets customers discover thousands of interior designs by color, material and style.
The startup secured USD 8 million funding from Helion Ventures, Jungle Ventures and Bessemer Venture Partners for focusing on the expansion plans, innovation in its mobile platform and design enhancement for its product. Prior to that it has also raised, USD 4.6 million series A funding from the same investors last year.