Urbanstems Raises $5M Series C Extension Funding, Continuing Expansion Of Same-Day Delivery With Miami Launch
Jan 04, 2024•almost 2 years ago
Amount Raised
$5 Million
Round Type
series c
Investors
Df EnterprisesS Wa N & Legend
Description
UrbanStems, the premier modern floral gifting company, announces that it has secured $5 million in Series C extension funding from existing investors. The capital fuels the company's growth strategy as it expands same-day delivery service to new cities across the U.S. The round was led by SWaN & Legend and DF Enterprises with additional funding from existing investors. The announcement comes alongside the company's same-day delivery expansion to Miami, the world's foremost market in the floral industry.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers