Teleflora

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Teleflora - overview

Established

1934

Location

Los Angeles, CA, US

Primary Industry

Consumer Products

About

Teleflora is a prominent online flower delivery service dedicated to connecting consumers with local florists, offering a diverse selection of floral arrangements and gifts tailored for various occasions. Founded in 1934 and headquartered in Los Angeles, US, Teleflora is an online platform that facilitates flower delivery through a network of local florists. The company has remained focused on providing personalized floral services without major pivots in its business model. The founder's history is not specifically documented in available sources.


Teleflora is a leading online flower delivery service that specializes in providing a wide array of floral arrangements, plants, and gifts, all crafted by expert local florists. Their core offerings include same-day flower delivery, customized bouquets, and occasion-specific arrangements such as birthday, get well, and funeral flowers. Customers can browse an extensive selection of flower types, including roses, lilies, and tulips, and select arrangements that suit various occasions or preferences. This service caters primarily to individual consumers looking to send thoughtful gifts to loved ones, with a particular emphasis on supporting local florists across the United States.


Teleflora's products are available nationwide, ensuring that customers from different geographical markets have access to locally arranged bouquets that enhance personal and emotional connections. Teleflora generates revenue through direct-to-consumer sales of floral arrangements and plants, primarily via its online platform. Customers place orders on the website, where they can choose from a variety of products, including signature arrangements and Deal of the Day bouquets, which allow for price flexibility based on customer preferences. The delivery transaction typically involves hand-delivery by local florists, facilitating a personalized experience for the recipient.


Teleflora operates under a model that emphasizes collaboration with over 10,000 local florists, which not only enhances its service offerings but also supports small businesses in communities across the country. Pricing structures vary based on the arrangement selected, with specific offerings designed to cater to different budgets and occasions, enhancing the overall accessibility of their services. Teleflora is exploring new product designs and has plans to enhance its floral arrangement offerings in the upcoming year. The company is also focusing on expanding its reach into international markets, particularly targeting Canada and Mexico by the end of 2024.


Recent funding will be directed towards enhancing the technology of its online platform to improve customer experience and streamline operations.


Primary Industry

Consumer Products

Sub Industries

Consumer Products, Consumer Services

Website

www.teleflora.com

Total Amount Raised

Subscriber access only

Teleflora - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedAccess Flower Trading-

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