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
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Sectors
Retail
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$186.25 M (USD)
in 3 rounds
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Latest Funding Round
$156 M (USD), Series C
Feb 07, 2023
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Investors
BNK Capitals
& 5 more
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Employee Count
Not available
- Investments & Acquisitions
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People of Floward
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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.
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.
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Growth equity is provided for early-stage tech startups by STV.
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Venture capital firm focused on seed and growth investments
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Investor details for Floward
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Investments & Acquisitions by Floward
Floward has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mubkhar.
Investment portfolio details for Floward
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Premium fragrances are distributed via an internet-first brand.
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Complete acquisition details for Floward
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Financial Statements - Floward
Detailed financials for Floward
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Floward Comparisons
Peer comparison for Floward
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Flowers are delivered via an online subscription platform.
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On-demand flower delivery is facilitated via a mobile app.
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Online delivery of flowers and gifts is facilitated worldwide.
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Flowers and plants are offered through an online subscription platform.
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Subscription-based flower bouquets are delivered via an online gifting platform.
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Detailed competitors of Floward
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Latest news on Floward
Complete news archive for Floward
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Frequently Asked Questions about Floward
Floward was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Floward is headquartered in Riyadh, Saudi Arabia.
Abdulaziz B Al Loughani is the current CEO of Floward. They have also founded this company.
Floward is a funded company, having raised a total of $186.25M across 3 funding rounds to date.
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.
Floward's top competitors include Bloom & Wild, Resal and Flowerbx.
Floward has made 1 acquisition, including Mubkhar.
Floward has 6 investors. Key investors include BNK Capitals, AlJazira Capital, STV, Rainwater Partners, and Impact46.