Type of business Retail Employees 50 (2014)
5 (2013) Founded November 2012 | Available in English Website www.thebouqs.com Headquarters California, United States | |
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Slogan(s) Fresh, easy, beautiful. Bouquets, simplified. Alexa rank 47,802 (August 2014)
51,949(May 2014) Motto Fresh, easy, beautiful. Bouquets, simplified Founders John Tabis, Juan Pablo Montufar Key people Eric Buterbaugh, Molly Sims | ||
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The Bouqs Company is a venture-backed, online flower retailer headquartered in Venice Beach, California with direct farm partnerships in South America and California. The company offers cut-to-order flowers to consumers and wholesale customers within the United States.
Contents
The Bouqs Company works directly with flower farms in South America and California to offer fresh flowers which are often delivered before they have bloomed so that they sustain a greater life for the customer.
The Bouqs Company competitors include startups BloomThat, Farmgirl Flowers and UrbanStems.
History
Founded by John Tabis and Juan Pablo Montufar in 2012, Eric Buterbaugh later partnered with The Bouqs in 2013 as Chief Floral Designer following the companies association with the start-up accelerator Amplify.LA in April 2013. The company appeared on Shark Tank on May 2, 2014 but did not receive investment capital from any of the judges. In 2015 the company entered into a development agreement with Eric Day and Mark Koops (The Biggest Loser, Masterchef) of Trium Entertainment to develop an original unscripted TV series chronicling the growth and operations of the company's network of flower farms.
Finance
Throughout 2013 the company has received investments from several venture capital funds such as Quest Venture Partners, Amplify.LA Capital, Siemer Ventures, Telegraph Hill Capital as well as SG VC, a private investment firm owned by Sergey Grishin; and private investors including Dovi Frances., Mich Mathews, Dennis Phelps, Andy Dunn, Jimmy Kunihiro, and Brian Spaly.
In June 2014, The Bouqs Company raised over $6M in a Series A fundraising round.
In February 2016, The Bouqs Company raised over $12M in Series B funding. The round includes existing investors Quest Venture Partners, Azure Capital Partners and KEC Ventures, along with Enspire Capital and Draper Associates, among others.