Floret, Inc.

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Floret, Inc. - overview

Established

2022

Location

Brooklyn, NY, US

Primary Industry

Software

About

Founded in 2022 by Tanay Kothari, and based in New York, US, Floret, Inc. operates as an information technology company that offers software as a service (SaaS) for companies to manage their deductions for companies involved in the consumer-packaged goods industry. In April 2023, Floret, Inc. raised USD 2.


25 million in venture funding from investors. The firm’s partners include Fractal Software and Bienville Capital. The company's deduction management software helps businesses manage their deductions by providing automation and transparency through features like trade promotions and sales planning. Insights into trade spend by month, UPC, retailer, and issue type are available to users, allowing them to manage promotions accordingly.


Additionally, the platform offers users the option of using self-serve or professional deduction management software that includes tools for planning sales and trade promotions.


Primary Industry

Software

Sub Industries

Sales & Marketing Software, Accounting/Finance Software

Website

www.tryfloret.com

Verticals

Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

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