# Blooms Trade

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blooms-trade

- Headquarters: Wilmington, US
- Website: www.blooms.trade
- Total disclosed funding: $2.6M
- Latest round: Seed (Apr 3, 2025)
- Investors on record: 6

## About

Located in Wilmington, US, Blooms Trade Inc. specializes in providing flexible financing solutions for exporters of fresh produce, enhancing cash flow and supporting trade operations effectively.Founded in 2024, Blooms Trade Inc. operates as a financing provider focusing on exporters of fruits and vegetables. The company has successfully executed its first deal and has not undergone any strategic pivots. Its headquarters is situated in Wilmington, US. The recent SEED funding of USD 2.6 mn was led by SP Ventures, with participation from Angel Ventures, Glocal, Mercy Corps Ventures, and The Yield Lab, bringing the total amount raised to USD 2.6 mn. The company is not known to have any parent or subsidiary relationships.Blooms Trade Inc. specializes in delivering timely and flexible financing solutions tailored for exporters of fruits and vegetables. Their main offerings include pre-financing against future export invoices, allowing clients to receive up to 90% of invoice values within 24 hours. This service aims to enhance cash flow and liquidity for exporters needing immediate funds. Additionally, they provide a virtual payment platform that enables management of incoming and outgoing payments in over 20 currencies, reducing risks from currency fluctuations. Their primary clients are exporters in North America, particularly in the United States and Mexico.Blooms Trade Inc. generates revenue mainly through service fees from its financing solutions and transaction processing. The company's business model supports B2B transactions, where clients incur fees based on the total value of financed invoices. Upon invoice submission, exporters can receive an immediate advance, and once payment is made by buyers, the company deducts its fees before transferring the remaining balance to the exporters. Their invoice factoring solution is central to their revenue strategy, aligning closely with the liquidity needs of exporters and facilitating consistent revenue growth.In April 2025, Blooms Trade Inc. successfully raised USD 2.6 mn in SEED funding, led by SP Ventures, aimed at expanding operations and enhancing the development of artificial intelligence-based trade finance, payment, and foreign exchange services tailored for Latin American produce exporters. The company plans to increase its footprint in Latin American markets by launching new products and services to better meet the needs of these exporters.

## Funding rounds

- Seed, Apr 3, 2025, $2.6M — Angel Ventures, SP Ventures, The Yield Lab, Glocal, Mercy Corps Ventures, Eqwow Ventures

## Investors

- Angel Ventures (https://capitalatlas.ai/funds/angel-ventures) — Seed
- SP Ventures (https://capitalatlas.ai/funds/sp-ventures) — Seed
- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed
- Glocal (https://capitalatlas.ai/funds/glocal) — Seed
- Mercy Corps Ventures (https://capitalatlas.ai/funds/mercy-corps-ventures) — Seed
- Eqwow Ventures (https://capitalatlas.ai/funds/eqwow-ventures) — Seed