Verity Tuck: Ledger

Stories naming Verity Tuck. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Role	Organisation	Sources
Founder	LVLY	SmartCompany, Startup Daily

Venture debt

Australian flower delivery startup LVLY acquired for $35 million by south-east Asian e-commerce firm

Melbourne flower and gift delivery business LVLY bought by Asian e-commerce group for $35 million, founders reportedly pocketing $20 million; one co-founder joins the buyer's board, the other departs.

SmartCompany Tue 26 Apr 2022 LVLY Baker McKenzie Bell Potter Limitless Technology SmartCompany Partners for Growth Hannah Spilva Maximilian Lotz Verity Tuck

Funding announcement

BLOOMING MARVELLOUS: Gifting startup LVLY sells for $35 million with global plans

Melbourne gifting startup LVLY has been bought by Malaysia's Limitless Technology for about $35 million, with co-founders receiving around $20 million; the deal is financed via a convertible and venture debt raise.

Startup Daily Tue 26 Apr 2022 Deloitte Inside Retail Limitless Technology LVLY Hannah Spilva Kai Kux Maximilian Lotz Verity Tuck

Also SmartCompany·Startup Daily·Techboard

Verity Tuck

Roles

Coverage

Australian flower delivery startup LVLY acquired for $35 million by south-east Asian e-commerce firm

BLOOMING MARVELLOUS: Gifting startup LVLY sells for $35 million with global plans