Flowspace

Flowspace

On-demand warehousing and inventory management solutions

About Flowspace

Simplify's Rating
Why Flowspace is rated
B-
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Company Size

51-200

Company Stage

Series B

Total Funding

$46.5M

Headquarters

Los Angeles, California

Founded

2017

Overview

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.

YC Company
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Simplify's Take

What believers are saying

  • Rising e-commerce demand boosts need for Flowspace's fulfillment solutions post-pandemic.
  • Sustainable logistics trend aligns with Flowspace's recognized eco-friendly services.
  • Growth of DTC brands increases demand for flexible, scalable fulfillment solutions.

What critics are saying

  • Increased competition from aggressive new entrants like Stord and ShipBob.
  • Rising operational costs due to inflation affecting warehouse rents and labor.
  • Reliance on third-party centers risks service disruptions from their operational issues.

What makes Flowspace unique

  • Flowspace offers a cloud-based platform centralizing inventory and fulfillment management.
  • The company operates a flexible network of over 150 nationwide fulfillment centers.
  • Flowspace's OmniFlow software provides real-time visibility into orders and inventory.

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Funding

Total Funding

$46.5M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$31M
Flowspace
$45M
Linktree
$65M
Substack
$100M
ClickUp

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

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

-3%

2 year growth

2%
Flow Space
Sep 16th, 2024
Introducing Managed Freight: Putting Customers First and Staying Ahead of the Curve

Today, flow.space is excited to announce its latest feature: Flowspace Managed Freight.

Flow Space
Apr 24th, 2024
Flowspace Named "Fulfillment Solution Provider of the Year"

Flowspace proudly announces its latest industry achievement - "Overall Fulfillment Solution Provider Of The Year" in the esteemed RetailTech Breakthrough Awards.

Business Wire
Apr 17th, 2024
Advancements In Flowspaceai Unlock Analytics And Efficiencies For Supply Chain Operators

LOS ANGELES--(BUSINESS WIRE)--Flowspace, the software platform and distribution network powering independent fulfillment, today introduced the next generation of its FlowspaceAI technology. Developed in-house leveraging advanced large language models, the first-of-its-kind advancement drives operational efficiencies for supply chain leaders, analyzing, automating, and creating context for big data in their everyday work. In today’s fast-paced, ever-changing environment, supply chain leaders are consistently urged to improve agility and efficiency. But most lack the real-time data and intelligence necessary to make informed decisions and take action

Retail Dive
Jan 9th, 2024
Flowspace and Two Boxes Launch Post-Peak Returns and Recommerce Capabilities for Omnichannel Merchants

Flowspace, the software platform and distribution network powering independent fulfillment, today announced a nationwide partnership with Two Boxes to enhance reverse logistics capabilities for merchants contending with more than $80B in post-holiday returns and exchanges.

Restaurant Robotics Technology
Dec 15th, 2023
Flowspace Appoints Karen Chao to Chief Product Officer

Flowspace appoints Karen Chao to Chief Product Officer.

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