Floret - About the company
Floret is a seed company based in Brooklyn (United States), founded in 2022 by Tanay Kothari. It operates as a Software-based platform for spend management solutions. Floret has raised $2.25M in funding. The company has 803 active competitors, including 127 funded and 46 that have exited. Its top competitors include companies like Anaplan, Pigment and Vena Marketing.
Company Details
Software-based platform for spend management solutions. It offers solutions for businesses to manage their trade spend, chargebacks management, and more. It also offers solutions to manage deductions.
- Website
- www.tryfloret.com
- Email ID
- *****@tryfloret.com
Key Metrics
Founded Year
2022
Location
Brooklyn, United States
Stage
Seed
Total Funding
$2.25M in 1 round
Latest Funding Round
Investors
Ranked
92nd among 803 active competitors
Employee Count
18 as on Apr 30, 2026
Legal entities associated with Floret
Floret is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Floret, Inc CIN: 880659436 , United States, Active | - | - | - |
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Floret's funding and investors
Floret has raised a total funding of $2.25M over 1 round. Floret has 1 institutional investor.
Here is the list of recent funding rounds of Floret:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 19, 2023 | 5837263 | Seed | 9287725 | 2989782 | 4645851 | 1250094 |
View details of Floret's funding rounds and investors
Floret's founders and board of directors
Founder? Claim ProfileThe founders of Floret is Tanay Kothari. Tanay Kothari is the CEO of Floret.
Here are the details of Floret's key team members:
- Tanay Kothari: Founder & CEO of Floret. Contact Info: 1 email address
View details of Floret's Founder profiles and Board Members
Floret's employee count trend
Floret has 18 employees as of Apr 26. Here is Floret's employee count trend over the years:
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Floret's Competitors and alternates
Top competitors of Floret include Anaplan, Pigment and Vena Marketing. Here is the list of Top 10 competitors of Floret, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Anaplan 2006, San Francisco (United States), Acquired | Provider of cloud-based platform for scenario planning, analysis, and reporting | $300M | 77/100 | |
2nd | Business planning and project management platform for businesses | $397M | 73/100 | ||
3rd | Vena Marketing 2011, Toronto (Canada), Series C | Provider of financial planning and analysis platform for business performance | $385M | 72/100 | |
4th | Cloud-based financial planning and analytics solutions for businesses | $175M | 71/100 | ||
5th | Banyan 2013, Holmdel (United States), Acquired | Provider of a platform for receipt data to power commerce innovation | $54.5M | 68/100 | |
6th | Planful 2000, Redwood City (United States), Acquired | Cloud-based financial planning & advisory solutions for businesses | $71.6M | 66/100 | |
7th | Digital bank for freelancers and self-employed | $46.7M | 64/100 | ||
8th | Provider of sustainability software for CO2 accounting and CSRD reporting | $22.9M | 62/100 | ||
9th | Puzzle 2019, San Francisco (United States), Series B | Data management and accounting software for startups | $66.5M | 61/100 | |
10th | Statement 2022, New York City (United States), Acquired | Software-based platform for financial planning and analytics solutions | $12M | 61/100 | |
92nd | Floret 2022, Brooklyn (United States), Seed | Software-based platform for spend management solutions | $2.25M | 37/100 |
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Floret's Investments and acquisitions
Floret has made no investments or acquisitions yet.
Reports related to Floret
Here is the latest report on Floret's sector:
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