About Blomming
Blomming is a company based in Milan (Italy) founded in 2010 by Matteo Cascinari and Nicola Junior Vitto. It operates as a B2C. Blomming has raised $1.65 million across 1 funding round from investors including Vertis. Blomming operates in a competitive market with competitors including Amazon, Luisaviaroma, Groupon, Design Italy and Japal, among others.
- Headquarter Milan, Italy
- Founders Matteo Cascinari, Nicola Junior Vitto
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.65 M (USD)
in 1 rounds
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Latest Funding Round
$1.65 M (USD), Series A
Jul 23, 2012
- Investors
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Employee Count
Employee Count
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Funding Insights of Blomming
Blomming has successfully raised a total of $1.65M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.65 million completed in July 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $1.6M
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First Round
First Round
(23 Jul 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Series A - Blomming | Valuation | Vertis SGR |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Blomming
Blomming has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Vertis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are managed in innovative Made in Italy companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Blomming
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Blomming
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blomming Comparisons
Competitors of Blomming
Blomming operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amazon, Luisaviaroma, Groupon, Design Italy and Japal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Luxury fashion and accessories are retailed online worldwide.
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| domain | founded_year | HQ Location |
Online marketplace offering deals on multi-category products and services
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| domain | founded_year | HQ Location |
Multi-category products including decor and accessories are retailed online.
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| domain | founded_year | HQ Location |
Multi-category products are offered via an online marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Blomming
When was Blomming founded?
Blomming was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Blomming located?
Blomming is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Is Blomming a funded company?
Blomming is a funded company, having raised a total of $1.65M across 1 funding round to date. The company's 1st funding round was a Series A of $1.65M, raised on Jul 23, 2012.
What does Blomming do?
Blomming functions as an online marketplace for multi-category products, focusing on operating online marketplaces, marketplaces, selling products via the internet, and multi-category products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Blomming?
Blomming's top competitors include Amazon, Luisaviaroma and Groupon.
Who are Blomming's investors?
Blomming has 1 investor. Key investors include Vertis.