About Bloomscape
Bloomscape is a company based in Detroit (United States) founded in 2017 by Justin Mast. It operates as a Direct-to-Consumer (D2C). Bloomscape has raised $22.5 million across 3 funding rounds from investors including Quicken Loans, General Catalyst and Bob Mylod. The company has 33 employees as of December 31, 2022. Bloomscape has completed 1 acquisition, including Bloomscape. Bloomscape offers products and services including Indoor Plants, Plant Care Tools, and Gift Plants. Bloomscape operates in a competitive market with competitors including Blossm, ServeScape, Proven Winners, Lively Root and Rooted, among others.
- Headquarter Detroit, United States
- Employees 33 as on 31 Dec, 2022
- Founders Justin Mast
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Sectors
AgricultureConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bloomscape, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.5 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series B
Sep 30, 2020
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Investors
Quicken Loans
& 7 more
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Employee Count
33
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Bloomscape
Bloomscape offers a comprehensive portfolio of products and services, including Indoor Plants, Plant Care Tools, and Gift Plants. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Indoor plants are sold for home decoration purposes.
Tools for plant care are provided to customers.
Plants as gifts are offered for various occasions.
Funding Insights of Bloomscape
Bloomscape has successfully raised a total of $22.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in September 2020. 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 3
- Last Round Series B — $15.0M
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First Round
First Round
(26 Jun 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series B - Bloomscape | Valuation | General Catalyst | |
| Aug, 2019 | Amount | Series A - Bloomscape | Valuation | Revolution | |
| Jun, 2018 | Amount | Grant - Bloomscape | Valuation |
investors |
| 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 Bloomscape
Bloomscape has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Quicken Loans, General Catalyst and Bob Mylod. 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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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Revolution is recognized as a D.C.-based investment firm.
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Founded Year | Domain | Location | |
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Venture capital is invested in US sectors by Ludlow Ventures.
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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 Bloomscape
Bloomscape has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bloomscape. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Plant care management is provided via an online app platform.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bloomscape
| 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 |
Bloomscape Comparisons
Competitors of Bloomscape
Bloomscape 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 Blossm, ServeScape, Proven Winners, Lively Root and Rooted, 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 |
Community-based marketplace app offering plants
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| domain | founded_year | HQ Location |
Plant and landscape products are retailed by ServeScape.
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| domain | founded_year | HQ Location |
Supplies flowering annuals, perennials, and shrubs for gardening.
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| domain | founded_year | HQ Location |
Online retailer offering subscription based ornamental plants and accessories
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| domain | founded_year | HQ Location |
Subscription-based ornamental plants and accessories are provided online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Bloomscape
Frequently Asked Questions about Bloomscape
When was Bloomscape founded?
Bloomscape was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Bloomscape located?
Bloomscape is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Who is the current CEO of Bloomscape?
Justin Mast is the current CEO of Bloomscape. They have also founded this company.
Is Bloomscape a funded company?
Bloomscape is a funded company, having raised a total of $22.5M across 3 funding rounds to date. The company's 1st funding round was a Grant of $75K, raised on Jun 26, 2018.
How many employees does Bloomscape have?
As of Dec 31, 2022, the latest employee count at Bloomscape is 33.
What does Bloomscape do?
Bloomscape is involved in the online retail of indoor plants, plant care tools, and related accessories. A wide range of houseplants, including pet-friendly, low-maintenance, and air-purifying varieties, are offered to customers. Solutions for gifting plants for various occasions are provided, alongside resources like care guides and blogs for plant maintenance. The company operates within the home and garden sector, focusing on direct delivery of ready-to-use plants and products to enhance indoor green living.
Who are the top competitors of Bloomscape?
Bloomscape's top competitors include Blossm, Lively Root and ServeScape.
What products or services does Bloomscape offer?
Bloomscape offers Indoor Plants, Plant Care Tools, and Gift Plants.
How many acquisitions has Bloomscape made?
Bloomscape has made 1 acquisition, including Bloomscape.
Who are Bloomscape's investors?
Bloomscape has 8 investors. Key investors include Quicken Loans, General Catalyst, Bob Mylod, Jeff Boyd, and John Replogle.