Neighbor Closes Series A Investment, Well-Positioned To Bring More Sustainable, High-Quality Consumer Offerings To Fast-Growing Outdoor Furniture Category

Phoenix-based outdoor furniture brand, Neighbor, announces today the closing of a Series A funding round from Strand Equity (“Strand”). The funding round will support new product development, team expansion, and marketing initiatives. The multi-billion-dollar outdoor furniture industry has grown significantly with increased consumer willingness to invest in quality pieces while spending more time at home, as proven evident throughout the pandemic. Neighbor identified the opportunity to bring a modern approach to the comfort of outdoor living with thoughtfully chosen, sustainable materials and timeless designs.