About Petalon
Petalon is a company based in London (United Kingdom) founded in 2014 by Florence Kennedy.. Petalon has raised $117.17 thousand across 1 funding round. The company has 13 employees as of March 31, 2022. Petalon offers products and services including Flower Delivery Service, Flower Subscriptions, and Wedding Flowers. Petalon operates in a competitive market with competitors including Bloom & Wild, Floward, Flowerbx, Freddie's Flowers and Prestige Flowers, among others.
- Headquarter London, United Kingdom
- Employees 13 as on 31 Mar, 2022
- Founders Florence Kennedy
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Petalon Limited
- Date of Incorporation 17 Mar, 2016
- Jurisdiction REJERRAH, CORNWALL, UNITED KINGDOM
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Annual Revenue
$376.34 K (USD)2as on Mar 31, 2020
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Net Profit
$6.67 K (USD)0as on Mar 31, 2019
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EBITDA
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Total Equity Funding
$117.17 K (USD)
in 1 rounds
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Latest Funding Round
$117.17 K (USD), Seed
Apr 18, 2020
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Investors
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Employee Count
13
as on Mar 31, 2022
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Products & Services of Petalon
Petalon offers a comprehensive portfolio of products and services, including Flower Delivery Service, Flower Subscriptions, and Wedding Flowers. 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.
Platform for ordering and next-day delivery of fresh flowers.
Regular delivery of seasonal flowers with sustainable options.
Custom flower arrangements for weddings in Cornwall and Devon.
Funding Insights of Petalon
Petalon has successfully raised a total of $117.17K through 1 strategic funding round. The most recent funding activity was a Seed round of $117.17 thousand completed in April 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 1
- Last Round Seed — $117,165
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First Round
First Round
(18 Apr 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Seed - Petalon | Valuation |
investors |
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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 |
Investments & Acquisitions by Petalon
| 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 - Petalon
| 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 |
Petalon Comparisons
Competitors of Petalon
Petalon 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, Flowerbx, Freddie's Flowers and Prestige 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.
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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 |
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 |
Prestige Flowers operates a direct-to-consumer brand offering floral subscriptions.
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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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Frequently Asked Questions about Petalon
When was Petalon founded?
Petalon was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is Petalon located?
Petalon is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Petalon a funded company?
Petalon is a funded company, having raised a total of $117.17K across 1 funding round to date. The company's 1st funding round was a Seed of $117.17K, raised on Apr 18, 2020.
How many employees does Petalon have?
As of Mar 31, 2022, the latest employee count at Petalon is 13.
What is the annual revenue of Petalon?
Annual revenue of Petalon is $376.34K as on Mar 31, 2020.
What does Petalon do?
Petalon was founded in 2014 in London, United Kingdom, as an internet-first brand in the floral gifting sector. Seasonal bouquets are provided alongside subscription options for recurring deliveries. Operations focus on e-commerce accessibility for UK customers. Profits generated are donated to conservation projects within the United Kingdom. The company is led by founder Florence Kennedy.
Who are the top competitors of Petalon?
Petalon's top competitors include Bloom & Wild, Floward and Flowerbx.
What products or services does Petalon offer?
Petalon offers Flower Delivery Service, Flower Subscriptions, and Wedding Flowers.