Interiors etailer Occa-Home is set to expand its product range and increase its marketing after securing a 'significant' investment.
Investment firm William Currie Group has backed the website with initial investor Bill Dobbie matching the cash injection.
'We are delighted to welcome Bill Currie and Iain McDonald to the existing board. As early stage investors in companies like ASOS and The Hut, they have such a wealth of experience not only in retail, but in investing and working with many highly successful ecommerce companies,' says Kate Mooney, Occa-Home founder.
'We really look forward to the results of adding that to the mix of our product knowledge and sector expertise. We have been talking to them for about a year and they were looking at a number of opportunities in the sector so it is exciting to have them on board.
'We had reached a break even point with the business and felt it was time to take on some more investment to accelerate things. We really look forward to the results of adding that to the mix of our product knowledge and sector expertise,' she says.
The funding will be used to increase digital marketing activity and develop the website further while more brands and a wider collection of products are also being added as a result of the investment.
Mooney says Occa-Home had already shipped to more than 80 countries but was keen to widen its international scope. The current 10 employees will be added to in the coming weeks with staff numbers expected to double during the next 12 months.
'It has been a tough two-and-a-half years to get the business to here and there is more hard work ahead of us but it is very exciting.'
Mooney says OccaHome has a six-figure turnover that has grown 180% in the last 12 months.