# Colvin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/colvin

- Industry: Internet
- Headquarters: Barcelona, Spain
- Website: www.thecolvinco.com
- Total disclosed funding: $79M
- Latest round: Series C (Jul 28, 2021)
- Investors on record: 6

## About

Blooming Experience España, S.L. is a Spanish company specializing in the online sale and delivery of fresh flowers and plants, catering to various customer needs, including personal and corporate events.Founded in 2016 and headquartered in Barcelona, Spain, Blooming Experience S.L. operates primarily through its online platform, providing floral arrangements and plants. The founders include Andrés Cester, Kaushal Maniyar, Sergi Bastardas, and Simone Guzzetti, while Benjamin Perot serves as CEO. The company raised EUR 45.00 mn in its latest funding round, Series C, led by Eurazeo, contributing to a total amount raised of EUR 45.00 mn across 8 deals. The most recent deal occurred on September 13, 2022.Colvin España specializes in the online sale and delivery of fresh flowers and plants, offering seasonal flower arrangements, premium bouquets, and easy-care indoor plants. Their extensive product range caters to occasions such as birthdays and corporate events, with a focus on seasonal offerings like sunflowers in summer. Customers can customize orders through a user-friendly platform, enjoying delivery services in major cities like Barcelona, Madrid, Valencia, and Sevilla, as well as throughout the Iberian Peninsula.In 2022, Colvin España reported a revenue of EUR 17,374,531.80, with an EBITDA of EUR -10,563,416.30. Their direct-to-consumer sales model allows for a range of pricing, with floral bouquets starting around EUR 33.99 and premium arrangements up to EUR 87.99. Subscription services are available for regular deliveries, contributing to the firm’s revenue through straightforward transaction processes.With recent funding from the Series C round, Blooming Experience España, S.L. plans to enhance its product offerings and expand its market reach. Specific upcoming product launches have not been detailed, but the company is focusing on increasing its presence beyond Spain into other European markets by the end of 2023. The funding will facilitate these expansions and support the development of new service initiatives.

## Funding rounds

- Series C, Jul 28, 2021, $53M — Eurazeo, Capagro
- Series B, Jun 25, 2020, $16M — P101, Samaipata Ventures, Milano Investment Partners
- Series A, Apr 5, 2019, $2.2M — Mediaset, Milano Investment Partners
- Series A, Oct 12, 2018, $6.9M — Mediaset, P101, Samaipata Ventures
- Seed, Apr 19, 2017, $0.8M — Samaipata Ventures

## Investors

- Samaipata Ventures (https://capitalatlas.ai/funds/samaipata-ventures) — Seed, Series A, Series B
- Mediaset — Series A
- P101 (https://capitalatlas.ai/funds/p101) — Series A, Series B
- Milano Investment Partners (https://capitalatlas.ai/funds/milano-investment-partners) — Series A, Series B
- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series C
- Capagro (https://capitalatlas.ai/funds/capagro) — Series C
