What is Bloomspot?
Bloomspot operates as a premier online destination designed for discerning shoppers seeking unique urban experiences. Headquartered in San Francisco, the company specializes in offering members exclusive access to deals and promotions for a curated selection of activities, including fine dining, luxury spa treatments, and distinctive local merchant offerings. Bloomspot meticulously selects its partners in 10 core markets, including San Francisco, New York, Los Angeles, Washington DC, Boston, Chicago, Houston, San Diego, Denver, and Seattle, ensuring a high-quality and diverse portfolio of experiences.
How much funding has Bloomspot raised?
Bloomspot has raised a total of $50.7M across 4 funding rounds:
Angel/Seed
$2M
Series A
$9M
Debt
$5M
Series B
$34.6M
Angel/Seed (2009): $2.1M with participation from True Ventures and Menlo Ventures
Series A (2010): $9M led by Harrison Metal Capital, True Ventures, and Menlo Ventures
Debt (2011): $5M supported by Western Technology Investment
Series B (2011): $34.6M featuring Columbia Capital, True Ventures, QED Investors, InterWest Partners, Menlo Ventures, and Harrison Metal Capital
Key Investors in Bloomspot
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance, and a strong community to help build enduring technology and artificial intelligence-driven companies.
Menlo Ventures
Menlo Ventures is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology companies across sectors such as enterprise software, consumer internet, fintech, infrastructure, and frontier tech, typically taking board roles and partnering with founders through multiple stages of scale.
Harrison Metal Capital
Harrison Metal is an investment firm that focuses on early-stage technology companies led by exceptional founders, offering capital and expertise to foster growth.
What's next for Bloomspot?
The substantial enterprise-level backing and recent strategic investment indicate Bloomspot is poised for further scaling and market penetration. This infusion of capital is likely to be directed towards enhancing its technological infrastructure, expanding its merchant network, and potentially entering new geographic markets. The company's focus on curated experiences positions it well to capitalize on evolving consumer preferences for localized and unique leisure activities, suggesting a trajectory towards solidifying its leadership in the experiential commerce sector.
See full Bloomspot company page
