UrbanStems announces $6.8 million Series A - Technical.ly DC

Business

Apr. 28, 2016 7:52 am

UrbanStems announces $6.8 million Series A

The on-demand flower delivery service plans further expansion, including in Philadelphia and Baltimore.

On-demand flower delivery from UrbanStems, coming now to Baltimore and Philly.

(Photo via Facebook)

D.C.’s very own on-demand flower delivery service, UrbanStems, announced on Wednesday a $6.8 million Series A. The funding round was lead by SWaN & Legend Venture Partners, a firm based out of Leesburg, Va.

Other investors in this round include Middleland Capital, NextGen Venture Partners, Interplay Ventures, and Kevin Plank’s Sagamore Ventures.

According to a press release the round will enable the company to expand coverage is D.C. and NYC, the service’s two active markets, as well as launch in two new cities — Philadelphia and Baltimore.

The release goes on to say that the interest of SWaN & Legend’s managing director was piqued by the company’s scalability. “We are always on the lookout for companies like UrbanStems that are so disruptive that they actually change an industry while attracting deeply, even obsessively, loyal customers,” David Strasser said.

UrbanStems previously raised a $1.5 million seed round in February 2015.

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

KnoNap took home the top prize at HERImpact DC’s first Social Enterprise Pitch Competition

Rockville-based edfintech startup Equiday acquired by Allovue

10 quick updates on ‘the best of the best’ of DC startups from SXSW

SPONSORED

DC

Learn to lead digital transformation at Phorum 2019

Washington, DC

Nava

Infrastructure Engineer (DC, SF, NYC)

Apply Now
Fulton, Maryland

Circonus, Inc.

UI/UX Engineer (Remote)

Apply Now
Washington, D.C.

LawIQ

PRODUCT MANAGER – ENERGY INDUSTRY ANALYTICS SOFTWARE

Apply Now

remodelmate announces nationwide project financing partnership with SoFi

FELA to LifeCents: A lot more than a name change

HERImpact DC is hosting its Social Enterprise Pitch Competition on March 16

SPONSORED

DC

LawIQ seeks to engineer answers for the energy industry

Washington, D.C.

LawIQ

ENERGY RESEARCH ANALYST

Apply Now
Washington, D.C.

LawIQ

DATA VISUALIZATION ARCHITECT

Apply Now
Washington, D.C.

LawIQ

ENERGY INFRASTRUCTURE DATA SCIENTIST

Apply Now

Sign-up for daily news updates from Technical.ly Dc

Do NOT follow this link or you will be banned from the site!