The Bouqs Company announced on Monday that it has gained $1.1 million in seed funding. The round was led by Quest Venture Partners. Others present in the financing were Siemer Ventures and angel investors. The Bouqs is a cut-to-order flower delivery service company.
The angel investors who participated were Mich Mathews, Microsoft's former CMO, Andy Dunn, founder of Bonobos, Dennis Phelps, an Institutional Venture Parters Partner, and founder of Trunk Club Brian Spaly.
The funding will be spent on the company's technology and infrastructure, personnel expansion, and marketing of their "next generation online flower delivery service". TheBuoqs.com is currently servicing online customers, showcasing a unique selling point in their website - video.
"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 Chief Executive Officer and 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," Tabis added.
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