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TechCrunch Profiles the Birth and Rise of Bloom’s Platform

May 8, 2024

By

Chris Nolte

Tech Crunch’s Senior Transportation Reporter, Sean O’Kane, has captured the birth and rise of Bloom’s platform perfectly in his latest article, here

“Founded last year, Bloom plans to offer a few core services: contract manufacturing, assembly, shipping and logistics and service. Each of these are tasks that startups would previously have to find individual partners for or take on in house, both of which increase costs and put pressure on the bottom lines. It’s those extra undertakings that can doom a startup….It’s proving popular, too; their customer list is as long as a CVS receipt…

Nolte says around 30 companies are set to start working with Bloom in the near-term. Kosmides says there are more than 100 in the pipeline ranging from startups that are just past the prototyping stage to “very mature” players. A lot of this will happen at a production space in Michigan, though the duo plans to work with partners in California, Ohio, South Carolina and New York. The goal is to launch a 200,000-square-foot facility in Detroit with distribution and assembly capabilities.

They’ve accomplished this with little outreach, and a team of just about 10 people — though they plan to roughly double that headcount as they close their first funding round. If all goes well, Nolte and Kosmides hope to not only help these companies build better businesses, but also establish more standards for an industry that is currently very scattered.” 

To learn more about Bloom‘s vision or the capabilities of platform, please contact Chris, Justin, or our team at hello@togetherwebloom.us