Scentbird
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 17.5m | 17.5m | 25.2m | 31.5m | 36.0m |
% growth | - | - | 44 % | 25 % | 14 % |
Date | Investors | Amount | Round |
---|---|---|---|
$40.0k | Seed | ||
N/A | N/A | Angel | |
$1.0m | Seed | ||
$2.8m | Seed | ||
* | $18.6m | Series A | |
* | $820k Valuation: $93.0m | Early VC | |
Total Funding | AUD35.9m |
Related Content
Recent News about Scentbird
EditScentbird operates in the fragrance subscription market, offering a unique service where customers can choose from a wide range of designer perfumes and colognes. For a monthly fee of $15.95, subscribers receive an 8 mL bottle of their chosen scent, which is delivered directly to their door. This bottle is designed to last approximately one month, providing around 140 sprays. The company targets fragrance enthusiasts who enjoy trying new scents without committing to full-sized bottles. Scentbird's business model is based on a recurring subscription fee, ensuring a steady revenue stream. The company also collaborates with luxury brands, offering a curated selection of high-end fragrances. By leveraging a subscription-based model, Scentbird ensures customer retention and predictable cash flow. The service is particularly appealing to millennials and Gen Z consumers who value variety and convenience. Scentbird also emphasizes data security and privacy, using robust measures to protect customer information. The company operates primarily in the United States and aims to expand its market reach through strategic partnerships and marketing initiatives.
Keywords: fragrance subscription, designer perfumes, monthly delivery, 8 mL bottles, luxury brands, recurring revenue, customer retention, millennials, Gen Z, data security.