Flowspace

Flowspace

On-demand warehousing and inventory management

About

Flowspace provides on-demand warehousing solutions for businesses, allowing them to store, manage, and fulfill inventory needs through a user-friendly online platform. This platform connects clients with a nationwide network of warehouses, enabling flexible storage options without long-term commitments or high costs. Primarily serving e-commerce businesses, retailers, and manufacturers, Flowspace's cloud-based logistics model allows clients to rent warehouse space on a short or long-term basis. The company generates revenue through various fees associated with storage and fulfillment services. Founded by experts in software development and fulfillment operations, Flowspace aims to offer a reliable and efficient solution for businesses facing warehousing challenges.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$43.1M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Recognition as 'Fulfillment Solution Provider of the Year' and other industry awards highlight Flowspace's market leadership and credibility.
  • The appointment of experienced leaders like Karen Chao as Chief Product Officer strengthens the company's strategic direction and product innovation.
  • Flowspace's ability to handle peak shopping seasons and large-scale returns demonstrates its robust infrastructure and reliability.

What critics are saying

  • The logistics and supply chain market is highly competitive, with major players potentially overshadowing Flowspace's market share.
  • Dependence on partnerships, such as with TikTok Shop and Pod Foods, could pose risks if these collaborations face disruptions.

What makes Flowspace unique

  • Flowspace's on-demand warehousing model offers unparalleled flexibility compared to traditional long-term warehousing solutions.
  • The integration of advanced AI technology, FlowspaceAI, enhances operational efficiencies and provides real-time data analytics, setting it apart from competitors.
  • Flowspace's strategic partnerships with platforms like TikTok Shop and Pod Foods expand its reach and service capabilities, making it a versatile player in the logistics market.

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Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-18%

2 year growth

-16%

Benefits

Medical, dental, & vision insurance

Competitive salary

401k with matching

Flexible time off, plus a separate bank for sick time

Extra paid parental leave

Mental health & wellness benefits

Work from home stipend

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