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The Bouqs Company, a Marina Del Rey, CA-based company which specializes in direct-to-consumer (“DTC”) floral delivery, raised over $23M in funding.
The round was led by CrowdOut Capital along with new and existing investors.
The company intends to use the funds to accelerate its retail growth and other new initiatives.
Led by CEO Kim Tobman, Bouqs is a DTC floral retailer delivering fresh flowers to doorsteps across the US. The company offers responsibly sourced flowers and has a vertically integrated supply chain driven by proprietary data and technology, allowing them to connect farms directly to consumers. It has built a subscription service, launched its first US brick-and-mortar store and expanded into the wedding space with pre-arranged and DIY options.
Bouqs owns shops at Whole Foods Market.
Commenting on the news, Kim Tobman said: “Whole Foods Market is a perfect partner for Bouqs as we expand our physical footprint and offer customers an even more robust experience. We are excited about this new shop format and are equally enthusiastic to have a new partner in CrowdOut who believes in our mission and this next phase in our journey.”
FinSMEs
22/07/2024