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Bloom & Wild has 20% YoY growth: Aron Gelbard, Co-founder and CEO
Description
Bloom & Wild grew to £50m in its first seven years, raised over £100m from General Catalyst and Index, then had to pivot hard when the market shifted.
Aron Gelbard, Co-Founder and CEO, talks about moving from growth to profitability, rebuilding momentum, and returning to 20% year-on-year growth while staying profitable.
The Scaling Europe show is presented by Deel - check them out here:https://get.deel.com/ruynb7o4lfjk
Sponsors:
SurrealDB: The multi-model database for AI agents. Check them out here: https://surrealdb.com/
Omni: The AI analytics platform trusted by fast-growing companies like Perplexity, Synthesia, and dbt Labs. Check them out here: https://omni.co/
Venture Comet: The platform that gives startups and scale-ups real-time equity tracking, daily business insights and automated management information. Check them out here: https://venturecomet.com/
Timestamps:
0:00 - Introduction to Scaling Europe show
0:40 - Journey of Bloom & Wild's growth
2:17 - Impact of COVID on business
3:43 - Balancing consumer focus and supply chain
6:08 - Acquisitions entering new markets
7:40 - Transitioning to profitability as a CEO
9:20 - Learning resilience through challenging times
11:49 - Business growth and profitability today
13:14 - Expansion into eight international markets
14:10 - Diversifying into other gifting categories
15:51 - Future plans for growth and profitability
18:14 - Emphasizing efficiency through AI tools
19:30 - Importance of tracking AI results
21:10 - Empowering internal AI evangelists
22:20 - Lessons learned from building Bloom & Wild