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Flowspace

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Flowspace - ICT showcase

Year Founded & Workforce

2017

150 Employees

Industry

ICT

Services

Warehouse as a Service Technology
F

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Flowspace Overview

Company Headquarters: US

Founded: 2017

Workforce: ~100-150

Company Working: Flowspace provides modern brands with an ecommerce command center, centralizing their Order Management, Stock Planning, and Network Optimization into one location, allowing them to deliver goods to a customer's door faster while decreasing shipping time, cost, and carbon footprint. Flowspace, which is integrated with different e-commerce platforms such as Shopify, Amazon, Walmart, etc. into a flexible network of 150+ fulfilment centers countrywide, enables businesses to provide efficient, dependable fulfilment across channels profitably and at scale.

Strategy

Flowspace assists small and medium-sized businesses by locating suitable warehouse space. This enables firms to easily scale up and focus on obtaining more customers, rather than becoming bogged down by the difficulty of finding warehouses to stock things

Company Snapshot

150

Employees

2017

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Strong countrywide presence
  • Excellent technological usage for warehousing

Weaknesses

  • Overdependency on specific geographical area can stagnant the growth of company

Opportunities

  • Growing demand for transportation and logistics
  • Investing in technology

Threats

  • Intense competition

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Key Developments

DateApproachDevelopment
April 2023Technology UpgradeFlowspace, upgrades to its OmniFlow suite of products, providing merchants with the essential visibility and insights required for managing a consistently exceptional end customer experience.
June 2022PartnershipFlowspace, said that it has been selected an official fulfilment partner for Mirakl-powered marketplaces across the US. The collaboration gives Mirakl Connect marketplace marketers access to Flowspace's suite of software, such as OmniFlow Visibility Suite and Inventory Flow, that offers real-time visibility into stocks and orders, as well as its flexible Fulfilment Network, which ensures prompt, reliable fulfilment profitably and at scale.
March 2021Fund RaisingFlowspace, raised USD 31 million in a series B equity fundraising round headed by BuildGroup, allows it to expand its network of fulfilment centres and capitalise on pandemic-driven development.
April 2019Fund RaisingFlowspace, announced a USD 12 million Series A financing round headed by Canvas Ventures. Moment Ventures, and Y Combinator also participated in the round.

Product Offering

  • Flowspace
    • Warehouse as a Service Technology

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