US (CA): The Bouqs expects to deliver 150,000+ bouquets for Valentine's
“We are in crazy growth mode,” founder and CEO John Tabis said, with the company logging average revenue growth of 600 percent since its launch in November 2012. And today the online flower delivery service announces $12 million in Series B funding, bringing its total financing to almost $20 million.
The Bouqs will use the money to grow its team “across all functions” and invest in marketing as well as build out its technology to merge the two sides of its business: its original cut-to-order, farm-to-consumer flower delivery and the network of artisan florists who can deliver on-demand in as few as two hours.
The company started offering same-day delivery of high-end, custom arrangements last summer and has expanded the service to 130 markets, with 30 more to come imminently. The Bouqs’ vision is to have its farmers supply blooms to its florists.
Read more at L.A. Biz
