How Much Did BloomThat Raise?
Funding & Key Investors

BloomThat has successfully navigated the competitive landscape of on-demand consumer services, securing a total capital infusion of $7.5M. This trajectory of financial backing underscores the company's ability to scale its unique logistics model within the urban floral market. Most recently, the firm finalized a major strategic investment of $5.5M, a move that signals strong investor confidence in its operational efficiency and market penetration strategy.

The company's growth story began with an initial injection of capital in early 2014, establishing the foundation for its rapid delivery infrastructure. By the time of its Series A round in mid-2015, BloomThat had demonstrated the viability of its high-velocity delivery network, attracting significant interest from institutional backers looking to capitalize on the burgeoning on-demand economy.

What is BloomThat?

BloomThat
RetailFlowers, Gifts & Specialty StoresFreight & Logistics Services

BloomThat operates as a specialized on-demand flower delivery service, distinguishing itself through a hyper-local logistics model that leverages bicycle couriers to ensure delivery in under 90 minutes. By optimizing the supply chain for perishable goods, the company addresses the consumer demand for speed and convenience in the gifting sector. Its market position is defined by its ability to bridge the gap between traditional floral retail and modern, tech-enabled delivery expectations, effectively transforming the customer experience through rapid fulfillment.

How much funding has BloomThat raised?

BloomThat has raised a total of $7.5M across 2 funding rounds:

2014

Angel/Seed

$2M

2015

Series A

$5.5M

Angel/Seed (2014): $2M with participation from SV Angel and A-Grade Investment

Series A (2015): $5.5M led by Forerunner Ventures, Sherpalo, Rothenberg Ventures, Vaizra Investments, and First Round Capital

Key Investors in BloomThat

Forerunner Ventures

Forerunner Ventures partners with founders to build category-defining companies at the intersection of technology and human behavior, focusing on emerging consumer trends.

Sherpalo

Sherpalo Ventures is an early-stage investment firm that collaborates with visionary founders to create transformative companies across sectors like Artificial Intelligence and Consumer Internet.

Rothenberg Ventures

Rothenberg Ventures invests in visionary entrepreneurs developing transformative technologies at the intersection of technology and human potential, providing strategic guidance to accelerate growth.

What's next for BloomThat?

With the recent influx of capital, BloomThat is positioned to refine its operational footprint and potentially expand its service radius. The strategic focus will likely shift toward enhancing its proprietary delivery technology and deepening its market share in dense urban environments. As the company matures, the emphasis will remain on maintaining the 90-minute delivery promise while scaling the underlying logistics platform to accommodate increased order volume and broader geographic coverage. Future growth will depend on the firm's ability to maintain unit economics while competing against larger, more diversified e-commerce platforms.

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Frequently Asked Questions Regarding BloomThat Financial Insights

What are the most recent funding rounds that BloomThat has completed, and what were the funding rounds?
BloomThat has recently completed 2 funding rounds: Series A on Jun 10, 2015, Angel/Seed on Feb 5, 2014.
What is the total amount of funding BloomThat has raised to date?
BloomThat has raised a total of $7.5M in funding to date.
How many funding rounds has BloomThat completed?
BloomThat has completed 2 funding rounds.
How much funding did BloomThat raise in its most recent funding round?
BloomThat raised $5.5M in its most recent funding round.
Who are the lead investors in BloomThat's latest funding round?
The lead investor in BloomThat's latest funding round was Forerunner Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BloomThat's history?
The largest funding round in BloomThat's history was $5.5M.
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