
Flower Chimp
Delivers fresh bouquets across Malaysia with free delivery.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | MYR100m | Series A | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 21 % | - | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Flower Chimp operates as an online flower and gift delivery platform, having established a significant presence in Southeast Asia. Founded in 2016 by German entrepreneurs Maximilian Lotz and Niklas Frassa, the company emerged from their experience at the e-commerce incubator, Rocket Internet. Their background in scaling online businesses informed Flower Chimp's strategy, which initially focused on the Malaysian market before expanding its reach. The company has since grown to operate in multiple countries, including the Philippines, Singapore, Hong Kong, and Indonesia.
The business functions through an asset-light model, partnering with a network of local florists in each country of operation. This approach allows Flower Chimp to offer same-day delivery without the overhead of maintaining its own physical stores or inventory. Revenue is generated directly from the sale of flowers and gifts through its e-commerce websites. The platform caters to a broad consumer base, enabling individuals from around the world to send gifts to recipients within the company's service areas.
Flower Chimp's core offering consists of a wide variety of floral arrangements, bouquets, and assorted gift items for various occasions. Key features of their service include a commitment to fresh, high-quality flowers, often backed by a 'freshness guarantee'. The platform emphasizes convenience through its user-friendly online ordering process and reliable same-day delivery service, a key differentiator in the online gifting market. The company's strategic expansion was notably bolstered by a €1.5 million funding round led by Asia Venture Group, which fueled its entry into new markets like Indonesia and the Philippines.
Keywords: flower delivery, e-commerce, online gifting, Southeast Asia, floral arrangements, gift delivery, same-day delivery, local florists, online marketplace, bouquets