United States · Information technology & services startup

FloorFound

FloorFound is a leading B2B recommerce and returns platform in the United States, specializing in furniture and large-format goods.

Funding reportedLast round: Series A

Information technology & servicesAustin, United States

About FloorFound

FloorFound is a leading B2B recommerce and returns platform in the United States, specializing in furniture and large-format goods.

Founded in 2020, the company aims to empower a circular future for retail by helping retailers recover value from returned, open-box, and unsold inventory. FloorFound offers an end-to-end solution that simplifies the complexities of oversized returns, including item pickup, inspection, marketing, sales, and revenue recovery. The company provides a comprehensive infrastructure that includes specialized warehouse teams, recommerce processing centers, and flexible fulfillment services. With a nationwide network of five facilities totaling 500,000 square feet, FloorFound optimizes value recovery while reducing transit time and costs. Their business intelligence software analyzes data to maximize resale value and identify the best sales channels. Additionally, FloorFound operates a marketplace that connects sellers and buyers, enhancing logistics and creating new revenue streams for bulky products. The company partners with major furniture and home goods brands, supporting their resale storefronts and driving traffic through its marketplace.

What company datasets say FloorFound raised

Funding, as reported

Reported in all$15Min dollars
Rounds3
Last roundSeries A
Last round size$11M
Last round dateMay 2022
Investors listed7
SEC Form D$4.6M sold, 1 filing, last Feb 2021

Founders and team

From the SEC filings it signed: 1 on the team.

  • Chris RichterExecutive Officer, Directori

On the board, as filediMike Marcantonio

On 3 portfolio pages

Investors who name them

Each firm lists FloorFound on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

ai-powered recommerce platformconsumersinventory managemententerprisesreturns managementtrade-in and buy-back managementrevenue recovery up to 25%information technology & servicesitem routing to resellersenterprise softwaresale trackinglocal resaleservicescloseout managementinventory liquidatione-commerce

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Sector
Information technology & services
Industry code
NAICS 54151, 513210, 493110, SIC 5099, 7372, 4225
Region
Texas
Revenue
$3.5M a year, as listed
Full record
Every detail in the company directory

Information technology & services in United States

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