Subscription-based furniture business Enky has announced plans to launch a second crowdfunding round.
The business has set a target of €1.5m while also offering a 5% discount on the share price for a limited time before going public with the launch from 8 June 2026.
Enky’s estimated valuation today stands at between €28M and €35M, up from €15M in November 2024 (at the first round).
This assessment was carried out by Largillière Finance, an independent investment bank. The final figure will be announced at the public launch of the campaign.
To date, Enky has signed €2.3m in contracts in 2025 – an uptick of 200% from 2024, while achieving a 92% renewal rate. The company has deployed €10m of furniture since launching and has raised €15m through its investment platform, with 5,200 investors in the community.
A statement said: “At Enky, we’ve chosen to open campaigns every 12 to 18 months for one simple reason: liquidity. In practice, that means you’re not stuck holding shares for 10 years with no news from us, waiting for a hypothetical acquisition, IPO, or anything else.
“Each new round creates an opportunity: for new people to join the adventure, and for existing shareholders to strengthen or adjust their position.
“And most importantly: it allows us to build and keep an engaged community of long-term shareholders.”
