Flora Brands, Inc.
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Flora Brands, Inc. - overview
Established
2021
Location
San Francisco, CA, US
Primary Industry
Internet
About
Founded in 2021 and based in California, US, Flora Brands, Inc. operates as an online marketplace company that offers products to customers by acquiring, reinventing, and growing sustainable brands from entrepreneurs. Mithat Can Ulubay and Ugur Kaya are the co-founders of the company. In September 2022, Flora Brands, Inc.
raised USD 9 million in Seed funding from 23 Fund, Climate Capital, Correlation Ventures, D4 Ventures, Esas Ventures, Lux Capital, and Paragon Ventures. The company serves 300,000 customers as of 2022. The company provides a curated range of environmentally friendly products that uses technology and algorithms to find and analyze sustainable brands' operational and financial performance, sustainability impact, and value creation prospects. The firm intends to increase sales and optimise operations by utilising data science and technological expertise after brands have been integrated into its operational platform.
The organization plans to use the September 2022 funding to invest in developing a sustainable online marketplace.
Current Investors
Correlation Ventures, Lux Capital, D4 Ventures
Primary Industry
Internet
Sub Industries
Business Support Services, eMarketing/Digital Marketing, Internet
Website
www.florabrands.com
Verticals
Clean Technology, E-commerce
Company Stage
Angel & Seed
Total Amount Raised
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