The Bouqs Company, a Venice Beach, Calif.-based online floral retailer that partners with eco-friendly, sustainable farms around the world, raised $24M in Series C funding.
The round, which brought the total capital raised to date to over $43M since 2013, was led by new investor Partech Ventures with participation from new investors NextEquity Partners and Reimagined Ventures, and existing investors Azure Capital Partners, KEC Ventures, Quest Venture Partners, and Robert Herjavec of ABC’s “Shark Tank.” As part of the investment, Mark Menell, General Partner, Partech Ventures, will join the The Bouqs Company Board of Directors.
The company intends to use the funds to grow the brand, continue to develop the technology for its direct-to-consumer supply chain, secure new headquarters in Venice Beach, CA, and grow the team.
Co-founded by John Tabis and Juan Pablo Montúfar, The Bouqs Company is an online flower delivery service that delivers fresh cut flowers from eco-friendly, sustainable farms around the world to customers across the country. The company recently added CTO Carlos Moreno and CMO Jarred Goldberg.
FinSMEs
30/01/2017