Tech Company Financing Transactions
Promenade Funding Round
Promenade secured a $11 million Series B funding round on 2/5/2021. Investors included B. Riley Financial and private investors.
Transaction Overview
Company Name
Announced On
2/5/2021
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors
B. Riley Financial (Lead Investor) (Todd Sims)
Proceeds Purpose
BloomNation is using the new funding as a driver to double down and push forward, as well as provide tools and services for small businesses that don't often have the resources to establish an online business, such as point-of-sale, inventory management and delivery.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1316 3rd St. 301
Santa Monica, CA 90401
USA
Santa Monica, CA 90401
USA
Phone
Website
Email Address
Overview
Promenade was founded as a business expansion of a fleet of industry specific software platforms. Originally known as BloomNation, Promenade focuses in on specific problem areas within each business sector. Whether you are a local flower shop or a pizzeria, Promenade is here to help you get your business online and reach your customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Farbod Shoraka
Chief Operating Officer
Gregg Weisstein
Chief Technical Officer
Jason Sherman
VP - Operations
Tracy Wall
VP - Sales
William Groody
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