Flowspace Raises $31M in Series B funding

Flowspace, a Los Angeles, CA-based fulfillment technology platform for e-commerce companies to store and ship their products, raised $31m in Series B funding.

The round was led by BuildGroup with participation from existing investors.

The company intends to use the funds to expand operations and business reach.

Founded in 2017 by Ben Eachus, CEO, Flowspace helps businesses manage their warehousing and fulfillment through its proprietary software platform which now runs in hundreds of partnering fulfillment centers across the US.

The company has now raised a total of $46m that includes investment from Canvas Ventures, Industrious Ventures, Moment Ventures, 1984 Ventures, eGateway Capital and Y Combinator.

FinSMEs

16/03/2021