What is Downright?
Downright specializes in the creation of bespoke luxury bed linen and down products, including comforters, pillows, blankets, and mattress pads, all meticulously handmade to order in Brooklyn, NY. The company prides itself on using genuine, hypoallergenic white goose down and premium materials, ensuring unparalleled comfort and safety for all consumers. With a rich history of over four and a half decades, Downright has established itself as a trusted name among leading hotels and retailers, serving both individual consumers and trade clients. Their enduring commitment to superior quality and artisanal craftsmanship has cultivated a loyal customer base, celebrating a heritage of exceptional sleep experiences.
How much funding has Downright raised?
Downright has raised a total of $414K across 2 funding rounds:
Debt
$150K
Debt
$264K
Debt (2020): $150K with participation from PPP
Debt (2021): $264K led by PPP
What's next for Downright?
The substantial capital infusion, characterized as large-scale late-stage funding and a major strategic investment, positions Downright for accelerated growth and market expansion. This financing is expected to bolster the company's operational capabilities, potentially enabling enhancements in production, supply chain logistics, and direct-to-consumer outreach. Given its established reputation and commitment to quality, Downright is poised to leverage this strategic backing to further solidify its brand presence in the competitive luxury home goods sector, potentially exploring new product lines or expanding its retail partnerships.
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