Toronto's raises $1.2 Million for Home Decor Flash Sales Site

by Rob Lewis | Business

Toronto's announced this morning that it has raised $1.2 million of funding from retail angel investors and entrepreneurs including the Koffler family, founders of Shopper's Drug Mart, and the Metrick family, founders and owners of ELTE, Canada's largest high end home furniture retailer.

As part of their press release today, says it has grown its membership to over 100,000 registered users in the United States and Canada in less than one year and that members are placing over 100 orders per day. was founded in 2010 by Alexander Norman, Aliza Pulver and Allan Fisch who found themselves searching for a better way to shop for 'inspirational' designer home products and home decor gifts.

Waterloo, Ontario, Canada

Homesav is a leading online shopping club (also known as flash sale site) featuring top designer brand name home decor at up to 70% off retail. We create a personalized shopping experience for our members by introducing them to new brands daily and carefully selecting high quality products for them. We work with hundreds of major brands to hold first come, first served sales that, typically... more

blog comments powered by Disqus

Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more

Who's Hiring

Recent Comments

Powered by Disqus