Business & Tech

Venice-Based Online Flower Delivery Company Receives $1 Million in Seed Funding

The funding will be used to support The Bouqs' technology and infrastructure.

Saying it with flowers is easy. It’s even easier when you’re funded to the tune of $1 million.

That’s exactly how much money Venice-based The Bouqs – an online flower delivery service established in 2012 - has received from Quest Venture Partners and Siemer Ventures, along with other angel investors including Mich Mathews, former CMO of Microsoft; Dennis Phelps, partner at Institutional Venture Partners; Andy Dunn, CEO/founder of Bonobos; and Brian Spaly, CEO/founder of Trunk Club.

 According to a release, the funding will support the company’s technology and infrastructure, expand the team and help drive awareness of its next-generation online flower delivery service.

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The company charges a flat rate of $40 with no additional charges for delivery, and uses only flowers from eco-friendly, sustainable farms.

“This amazing group has invested both financial and intellectual capital in TheBouqs.com and with their support we’re primed to accelerate growth in a market that has been stagnant for decades,” said John Tabis, CEO & founder of TheBouqs.com. “We’re bringing a whole new model to the multi-billion dollar flower industry with our modern, customer-centric brand. Closing this round is a huge step toward our goal of revolutionizing online flower delivery and making ‘Bouqs’ a household word.”

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