Koronet builds what it describes as the digital backbone of the global floral industry: a vertical SaaS platform combining B2B e-commerce, payments, procurement and inventory management for floral businesses. The company positions itself as the operating system for the worldwide floral supply chain, with modular products designed around the specific workings of the trade. Its technology stack spans vertical SaaS, B2B e-commerce, payments software, cloud-based ERP, procurement systems, inventory management and digital advertising.
The product line includes Koronet eSuite, an all-in-one platform for selling, buying and getting paid online; Komet Sales, a cloud-based ERP platform; Koronet Procurement, which streamlines buying operations across the floral supply chain; Koronet eShops, an e-commerce storefront product; Koronet Ads, an advertising product for the floral industry; and Koronet Payments, which lets floral businesses collect payments.
The platform reports more than 16,000 active users in over 20 countries and around 4,000 connected businesses across growers, importers, exporters, wholesalers and event planners. It facilitates over USD $7 billion in annual floral transactions and describes its network as the world's largest floral network. The addressable market for the global B2B floral industry is put at $50 billion annually.
Koronet's industry verticals include floral wholesale, flower growing, floral import and export, event planning and the broader B2B floral supply chain.
