Inc. Magazine – September 2019

(Nancy Kaufman) #1

Flower Power


In 2013, Ajay Kori was living


in Washington, D.C., and


smitten with a woman in


Philadelphia. He didn’t love


the long-distance flower-


buying experience, though,


so he turned that frustration


into an opportunity, teaming


with a college buddy to


launch a company that would


bypass the old model, in


which consumers buy flowers


via national aggregators who


then use local florists for


fulfillment. Here, at Urban-


Stem’s Washington-area


warehouse, bouquets get a


final trimming, packaged,


and then handed to couriers


for same-day local delivery.


UrbanStems has had some


growing pains—including a


disastrous 2017 Valentine’s


Day—but it’s become a


favorite of tech-centric flower


buyers. “Every day is a curve


ball,” says CEO Seth Gold-


man. “From crazy launch


sprints, to quick redesigns,


to figuring out different


challenges, there are great


days and horrible days.


There are no plain days.”


—KATE ROCKWOOD


Three-year growth 1,192.4%
2018 revenue $12.8M


Washington, D.C.


Founded in 2014


Seth Goldman


URBANSTEMS


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