Flower Delivery Startup UrbanStems Raises $12M To Fund National Expansion

UrbanStems is announcing that it has raised $12 million in Series B funding.

CEO Seth Goldman told me the startup has already been using the money to expand nationally. He explained that UrbanStems now has two delivery models — there are bike couriers who deliver plants and flowers within two hours in New York City and Washington, D.C. (where the company is headquartered), and then there’s a third-party shipping partner that offers next-day delivery to anywhere else in the United States.

The company started out with bike couriers, and Goldman said it’s not abandoning that strategy: “We will find areas where there’s enough demand to warrant jumping in, boots on the ground.”…[READ MORE]

Source: Flower Delivery Startup UrbanStems Raises $12M To Fund National Expansion | techcrunch.com

Print Friendly, PDF & Email
Pin It

Comments are closed.