California-based Serena & Lily, which was founded in 2003, offers products such as textiles and furniture.
Michael David, ORIX Ventures managing director, said, “Serena & Lily has created a unique brand identity that resonates with discerning customers seeking inspirational designs.”
ORIX is focused on making debt and equity investments of up to $50m in mid and late stage growth companies with annual revenues of more than $10m.
Since 2001, ORIX has invested more than $1bn across 100 growth companies in the US and Canada.
The firm is part of financial conglomerate ORIX USA, which has assets of $6bn and manages an additional $25bn.
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