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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.
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
Ranked
Employee Count
18 as on Apr 30, 2026
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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
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Floret's founders and board of directors

Founder? Claim Profile
The founders of Floret is Tanay Kothari. Tanay Kothari is the CEO of Floret.
Here are the details of Floret's key team members:

Floret's employee count trend

Floret has 18 employees as of Apr 26. Here is Floret's employee count trend over the years:
Employee count trend for Floret
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Anaplan
Anaplan
2006, San Francisco (United States), Acquired
Provider of cloud-based platform for scenario planning, analysis, and reporting
$300M
77/100
2nd
Logo for Pigment
Pigment
2019, Paris (France), Series D
Business planning and project management platform for businesses
$397M
73/100
3rd
Logo for Vena Marketing
Vena Marketing
2011, Toronto (Canada), Series C
Provider of financial planning and analysis platform for business performance
$385M
72/100
4th
Logo for DataRails
DataRails
2015, Rishon Lezion (Israel), Series C
Cloud-based financial planning and analytics solutions for businesses
$175M
71/100
5th
Logo for Banyan
Banyan
2013, Holmdel (United States), Acquired
Provider of a platform for receipt data to power commerce innovation
$54.5M
68/100
6th
Logo for Planful
Planful
2000, Redwood City (United States), Acquired
Cloud-based financial planning & advisory solutions for businesses
$71.6M
66/100
7th
Logo for Kontist
Kontist
2016, Berlin (Germany), Acquired
Digital bank for freelancers and self-employed
$46.7M
64/100
8th
Logo for Tanso
Tanso
2020, Munich (Germany), Series A
Provider of sustainability software for CO2 accounting and CSRD reporting
$22.9M
62/100
9th
Logo for Puzzle
Puzzle
2019, San Francisco (United States), Series B
Data management and accounting software for startups
$66.5M
61/100
10th
Logo for Statement
Statement
2022, New York City (United States), Acquired
Software-based platform for financial planning and analytics solutions
$12M
61/100
92nd
Logo for Floret
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:

FAQs about Floret

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