[2][3][4] Furlenco was founded by Ajith Karimpana, an engineering graduate from NIT Jalandhar and alumnus of Temple University.

[7] It also partnered with Uber,[8] Pocket Aces,[9] CORT,[10] The Viral Fever,[11] NoBroker,[12] Dharma Productions for 'Badrinath Ki Dulhania',[13] and Red Chillies Entertainment for 'Dear Zindagi'[14] The company raised $30 million in October 2016.

[15][16] Furlenco had secured $6 million in its Series A funding round led by LightBox VC in March 2015.

[18] In April 2020, the company closed $10 million (approx ₹76.4 crore) debt and equity financing round led by existing investors.

[19] Furlenco offers furniture for entire homes on a monthly rental subscription model.