About Floward
Floward is a company based in Riyadh (Saudi Arabia) founded in 2017 by Abdulaziz B Al Loughani.. Floward has raised $186.25 million across 3 funding rounds from investors including BNK Capitals, AlJazira Capital and STV. Floward has completed 1 acquisition, including Mubkhar. Floward operates in a competitive market with competitors including Bloom & Wild, Resal, Arena Flowers, Flowerbx and Freddie's Flowers, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Abdulaziz B Al Loughani
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$186.25 M (USD)
in 3 rounds
-
Latest Funding Round
$156 M (USD), Series C
Feb 07, 2023
-
Investors
BNK Capitals
& 5 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Floward
Floward has successfully raised a total of $186.25M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $156 million completed in February 2023. 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 C — $156.0M
-
First Round
First Round
(06 Oct 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series C - Floward | Valuation | AlJazira Capital , STV |
|
| Jun, 2021 | Amount | Series B - Floward | Valuation | STV | |
| Oct, 2020 | Amount | Series A - Floward | Valuation | Impact46 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Floward
Floward has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include BNK Capitals, AlJazira Capital and STV. 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 |
|---|---|---|---|---|
|
Growth equity is provided for early-stage tech startups by STV.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on seed and growth investments
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Floward
Floward has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mubkhar. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Premium fragrances are distributed via an internet-first brand.
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Floward
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Floward Comparisons
Competitors of Floward
Floward 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, Resal, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flowers are delivered via an online subscription platform.
|
|
| domain | founded_year | HQ Location |
On-demand flower delivery is facilitated via a mobile app.
|
|
| domain | founded_year | HQ Location |
Online delivery of flowers and gifts is facilitated worldwide.
|
|
| domain | founded_year | HQ Location |
Flowers and plants are offered through an online subscription platform.
|
|
| domain | founded_year | HQ Location |
Subscription-based flower bouquets are delivered via an online gifting platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Floward
Frequently Asked Questions about Floward
When was Floward founded?
Floward was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Floward located?
Floward is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of Floward?
Abdulaziz B Al Loughani is the current CEO of Floward. They have also founded this company.
Is Floward a funded company?
Floward is a funded company, having raised a total of $186.25M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.75M, raised on Oct 06, 2020.
What does Floward do?
Floward was established in 2017 in Riyadh, Saudi Arabia, as an online platform in the gifting sector. Flowers, including bouquets and vases for various occasions, are featured in its catalog. Users are allowed to customize orders by choosing specific florists. Operations are supported through a mobile application accessible on Android and iOS devices.
Who are the top competitors of Floward?
Floward's top competitors include Bloom & Wild, Resal and Flowerbx.
How many acquisitions has Floward made?
Floward has made 1 acquisition, including Mubkhar.
Who are Floward's investors?
Floward has 6 investors. Key investors include BNK Capitals, AlJazira Capital, STV, Rainwater Partners, and Impact46.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.