Bloom & Wild Secures £2.5 Million Series A Funding
Bloom & Wild, an innovative mobile and online florist based in the vibrant city of London, UK, has successfully secured an impressive £2.5 million in Series A funding. This funding round was prominently led by the reputable investment firm MMC Ventures, known for identifying high-potential businesses. Alongside MMC, several other notable investors participated in this round, including Samos, Catamaran Ventures, and Scott Sage. The backing from these firms highlights the growing confidence in Bloom & Wild's unique approach to the floral market.
The primary goal of this newfound capital is to propel the company’s ambitions in several key areas.
Bloom & Wild plans to invest significantly in the further development of its website and mobile application, focusing on enhancing user experience (UX), refining design elements, and strengthening its development teams. Additionally, the company is keen on trialing new products that will allow it to expand its offerings and continue captivating its customer base. This strategic investment in technology and product innovation is set to solidify Bloom & Wild's position as a leading player in the competitive floral industry.
Founded in 2013 by the entrepreneurial duo Aron Gelbard and Ben Stanway, Bloom & Wild revolutionized the way flowers are delivered with their distinctive letterbox packaging. This innovation allows customers to receive beautiful flower bouquets directly through their mailboxes, eliminating the need for someone to be home for delivery. Each week, Bloom & Wild efficiently delivers thousands of stunning flower arrangements across the entire UK, including a convenient option for monthly subscription deliveries. As demand for their unique offerings continues to grow, this funding round marks an exciting chapter in the journey of Bloom & Wild.
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