Motley Fool Ventures co-led UrbanStems' series B round to bring the online florist's debt and equity financing to more than $27m altogether.

US-based on-demand florist UrbanStems has secured $12m in a series B round co-led by Motley Fool Ventures, the fund run by financial advisor and media company The Motley Fool, TechCrunch has reported.

Venture capital firm Swan & Legend Venture Partners co-led the round, which also featured Middleland Capital, NextGen Venture Partners and Sagamore Ventures, the VC arm of diversified holding company Plank Industries.

Founded in 2014, UrbanStems runs an online platform where consumers can order flowers and plants for next-day…