Floranow

Floranow

First floral online marketplace, offering cut flowers from selected growers in Holland, Kenya and Thailand. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€11—16m (Dealroom.co estimates Dec 2019.)
Dubai Dubai Emirate (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues1.2m2.7m4.5m5.0m8.9m9.7m
% growth-131 %67 %11 %78 %9 %
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DateInvestorsAmountRound
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N/A

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N/A

Seed

$3.0m

Series A

$3.0m

Series A
N/A

N/A

Early VC
Total Funding€5.5m

Recent News about Floranow

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More about Floranowinfo icon
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Floranow operates as an online marketplace that connects global flower growers with clients across the Middle East. The company serves a diverse range of clients including florists, hotels, and event planners, providing them with a wide assortment of fresh flowers directly from growers. Floranow operates in the floral industry, focusing on the Middle Eastern market. The business model is based on creating efficiencies in the supply chain, which allows them to offer competitive prices and ensure timely delivery. Revenue is generated through transaction fees and service charges for the platform's usage. The company emphasizes transparency and reliability, offering full visibility of orders through an online dashboard. This approach not only enhances customer trust but also streamlines the purchasing process for clients.

Keywords: online marketplace, flower growers, Middle East, florists, hotels, event planners, supply chain, competitive prices, timely delivery, transparency.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Floranow

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Bloomax
ACQUISITION by Floranow Jun 2023