꽃팜(KKOTFARM) is an innovative startup revolutionizing the flower market through e-commerce platforms and kiosks. The company aims to transform a sector that has operated traditionally for over 40 years.
Founded in 2019, this South Korea-based Lifestyle industry player is a B2B floral logistics company. In its first year, 꽃팜 achieved a revenue milestone of 10 billion KRW and operates nationally from major hubs in Seoul and Busan. With about 10% market share, the platform has processed 260,000 cumulative orders, boasting a strong 70% repurchase rate—a critical indicator of loyal clientele.
The intertwined offerings of an e-commerce platform and fresh flower kiosks, known as 꽃팜기, address inefficiencies by eliminating offline purchasing and digitizing transactions, which fosters data management.
The startup's growth is highlighted by a 15 billion KRW Pre-A series investment in 2020, led by Lotte Ventures and backed by D·CAMP, Future Science and Technology Holdings, and Korea Credit Guarantee Fund.