LVLY

From Wikipedia, the free encyclopedia
LVLY
IndustryRetail
Founded2015
FounderHannah Spilva
Verity Tuck
HeadquartersAustralia
ProductsFlowers
Gifts
Websitewww.lvly.com

LVLY is a flower retailer based in the Australia. It is an e-commerce company that sells flowers and gifts shipped from growers and suppliers to consumers.[1]

History[edit]

LVLY was co-founded in 2015 by Hannah Spilva and Verity Tuck.[2] They both worked in advertising before launching LVLY.[3]

LVLY currently operates same-day deliveries in Melbourne, Sydney and Adelaide, and one-day delivery in other Australian locations. The company has offices across Australia.[3] It offers personalized flower jars and curation of add-ons, in biodegradable gift boxes and reusable flower Jars.[citation needed]

In April 2022, LVLY was acquired by south-east Asian-based Limitless Technology for $35 million.[4] Maximilian Lotz, CEO of Limitless Technology, mentioned the reason for acquiring LVLY was its financial performance, brand and team.[5] As part of the deal Hannah Spilva will also be the board member of Limitless Technology.[5][6]

Awards & Recognition[edit]

In 2022, LVLY was listed among "Australia's Top 50 fastest growing companies", by Deloitte Tech.[7]

LVLY founders won the "2021 Melbourne Young Entrepreneur Award" for the company. [8]

See also[edit]

References[edit]

  1. ^ "Flower power: How the pandemic helped this brand blossom". Australian Financial Review. 2021-12-03. Retrieved 2023-10-06.
  2. ^ "Why LVLY co-founder Hannah Spilva is giving back to startups". Business News Australia. Retrieved 2023-10-06.
  3. ^ a b Healey, Bianca (2022-04-26). "Australian flower delivery startup LVLY acquired for $35 million by south-east Asian e-commerce firm". SmartCompany. Retrieved 2023-10-06.
  4. ^ "Founders collect $20m from sale of flower delivery start-up". Australian Financial Review. 2022-04-25. Retrieved 2023-10-06.
  5. ^ a b "LVLY is Limitless after $35 million acquisition". Business News Australia. Retrieved 2023-10-06.
  6. ^ Pattabiraman, Rakshnna (2022-04-26). "Melbourne flower delivery service Lvly snapped up by Malaysian investor". Inside Retail Australia. Retrieved 2023-10-06.
  7. ^ "Australia's Top 50 fastest growing tech companies revealed". Business News Australia. Retrieved 2023-10-06.
  8. ^ "All smiles: Dental Boutique founders named 2021 Melbourne Young Entrepreneurs of the Year". Business News Australia. Retrieved 2023-10-06.