About Drake Algar
Drake Algar is a company based in London (United Kingdom) founded in 1937 was acquired by Interflora in May 2012.. Drake Algar operates in a competitive market with competitors including Bloom & Wild, Floward, Arena Flowers, Flowerbx and Freddie's Flowers, among others.
- Headquarter London, United Kingdom
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Interflora
(May 01, 2012)
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Funding Insights of Drake Algar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Drake Algar
Drake Algar has secured backing from 1 investor. Prominent investors backing the company include Interflora. 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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Fresh cut flowers are delivered globally via local florists.
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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 Drake Algar
| 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 - Drake Algar
| 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 |
Drake Algar Comparisons
Competitors of Drake Algar
Drake Algar 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 Bloom & Wild, Floward, Arena Flowers, Flowerbx and Freddie's Flowers, 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 |
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| domain | founded_year | HQ Location |
Flowers are delivered via an online subscription platform.
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| domain | founded_year | HQ Location |
Flowers and bouquets are offered via an online gifting platform.
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| domain | founded_year | HQ Location |
Online delivery of flowers and gifts is facilitated worldwide.
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| domain | founded_year | HQ Location |
Flowers and plants are offered through an online subscription platform.
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| domain | founded_year | HQ Location |
Subscription-based flower bouquets are delivered via an online gifting platform.
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| domain | founded_year | HQ Location |
FTD is recognized as a premier online floral delivery service.
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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 Drake Algar
When was Drake Algar founded?
Drake Algar was founded in 1937.
Where is Drake Algar located?
Drake Algar is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Drake Algar do?
Drake Algar was founded in 1937 in London, United Kingdom, as a floristry brand within the luxury goods sector. Flowers and gifts are sourced from local florists and distributed via the companys website and partner offline shops. High-end services are provided for corporate clients, weddings, and events. The brand is owned by Flying Brands and was acquired by Interflora in 2012, a subsidiary of FTD Companies.
Who are the top competitors of Drake Algar?
Drake Algar's top competitors include Bloom & Wild, Floward and Flowerbx.
Who are Drake Algar's investors?
Drake Algar has 1 investor. Key investors include Interflora.