BloomNation, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

BloomNation, Inc. - overview

Established

2011

Location

Santa Monica, CA, US

Primary Industry

Internet

About

BloomNation, Inc. is a U. S. -based community marketplace connecting consumers with local florists to discover and order unique, handcrafted bouquets.


The platform enhances the floral shopping experience with a focus on local craftsmanship. BloomNation, Inc. operates an online platform that connects consumers with independent florists. Founded in 2011 in Santa Monica, US, the company has completed 3 deals, with its most recent funding round on February 3, 2021, during which it raised USD 11.


00 mn in Series B funding, led by B. Riley Financial, Inc. The company was co-founded by Eval Esege, Farbod Shoraka, and Gregg Weisstein, with Farbod Shoraka serving as CEO. BloomNation operates a community marketplace that connects consumers with local florists, enabling the listing, discovery, and ordering of unique, handcrafted bouquets.


The platform primarily serves individual customers seeking personalized floral arrangements for occasions like weddings, birthdays, and corporate events. Through its user-friendly interface, BloomNation empowers local florists with technological tools to manage their online presence and streamline operations, serving a diverse customer base across the United States. BloomNation generates revenue through direct transactions between consumers and local florists facilitated by its online marketplace. The company operates on a commission-based model, earning a percentage from each sale made on the platform, promoting a B2C dynamic that enhances visibility for florists while optimizing customer access to high-quality, personalized floral products.


In February 2021, BloomNation, Inc. raised USD 11. 00 mn in Series B funding, led by B. Riley Financial, Inc.


The funding will be used to support team expansion, focusing on hiring new engineers and sales staff. The company aims to enhance its platform and expand into new markets, although specific geographic regions targeted for this expansion have not been disclosed.


Current Investors

B. Riley Financial, Inc., Spark Capital, Andreessen Horowitz

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform, Web Applications, Customer Relationship Management

Website

www.bloomnation.com

Verticals

E-commerce

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.