Freddie's Flowers
Fast-growing direct-to-consumer flower business based in the UK and Germany.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | $60.0m | Late VC | |
| Total Funding | 000k | ||
| GBP | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 60 % | 81 % | 15 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | (1 %) | (9 %) | (32 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (1 %) | (1 %) | (9 %) | (34 %) | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Freddie's Flowers is a direct-to-consumer flower delivery service operating on a subscription-based model. The company sources flowers directly from growers, adopting a "grow to order" system to minimize waste, a departure from traditional floral industry practices. This model involves delivering a curated selection of seasonal flowers to customers' homes on a regular basis.
The company primarily serves individuals in the UK, having grown to be the largest flower box subscription business in the country. The business model is centered on recurring revenue through subscriptions. Customers sign up to receive regular flower deliveries, and the company manages the logistics from sourcing to doorstep delivery. This direct relationship with the customer, initially built through door-to-door sales, allows for a streamlined supply chain and fresher products.
Revenue is generated directly from these customer subscriptions. By cutting out intermediaries typical in the floral industry, the company aims to offer better value to the consumer while ensuring freshness. The company has received significant investment, including a $60 million round from The Craftory, to fuel its growth and refine its brand strategy. It is also a Certified B Corporation, indicating a commitment to social and environmental standards.
Keywords: flower subscription, direct-to-consumer, e-commerce, floral delivery, sustainable floristry, B Corp, subscription box, fresh flowers, seasonal arrangements, grow to order