About Felux
Felux is a company based in Cleveland (United States) founded in 2018 by Chris Day. Felux has raised $24.6 million across 2 funding rounds from investors including EquipmentShare, 8VC and Expa. Felux offers products and services including Hot Rolled Coil, Cold Rolled Coil, Galvanized Coil, and Freight Booking Service. Felux operates in a competitive market with competitors including Shippo, ShipBob, AfterShip, Digimarc and Unicommerce, among others.
- Headquarter Cleveland, United States
- Founders Chris Day
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics Retail
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Email
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Phone
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Website
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Social
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- Legal Name Felux Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$24.6 M (USD)
in 2 rounds
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Latest Funding Round
$19.5 M (USD), Series A
Jun 02, 2022
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Investors
EquipmentShare
& 6 more
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Employee Count
Not available
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Products & Services of Felux
Felux offers a comprehensive portfolio of products and services, including Hot Rolled Coil, Cold Rolled Coil, Galvanized Coil, and Freight Booking Service.
Steel coil for industrial applications and manufacturing.
Processed steel coil for precision engineering uses.
Corrosion-resistant steel coil for construction purposes.
Service for managing steel product shipments and delivery.
People of Felux
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Funding Insights of Felux
Felux has successfully raised a total of $24.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $19.5 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Felux
Felux has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include EquipmentShare, 8VC and Expa.
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Venture capital firm investing in technology, life sciences, and related sectors.
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Startups are incubated across sectors by the agnostic studio.
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Venture capital funding is provided to tech startups by JumpStart Ventures.
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Investor details for Felux
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Investments & Acquisitions by Felux
Investment portfolio details for Felux
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Financial Statements - Felux
Detailed financials for Felux
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Felux Comparisons
Peer comparison for Felux
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Competitors of Felux
Felux operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shippo, ShipBob, AfterShip, Digimarc and Unicommerce, among others.
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Web-based shipping solutions are provided for e-commerce businesses.
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E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Web-based tracking solutions for eCommerce shipment monitoring are provided.
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Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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Developer of an app providing 3D assembly instructions for consumer goods
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Detailed competitors of Felux
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Latest news on Felux
Complete news archive for Felux
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Frequently Asked Questions about Felux
Felux was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Felux is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Felux is a funded company, having raised a total of $24.6M across 2 funding rounds to date.
Felux was founded in 2018 in Cleveland, United States. An online B2B marketplace and logistics services for the steel industry are operated by the company. Connections between users are enabled to handle sourcing, procurement, financing, and shipping processes. Real-time order tracking is supported, along with access to a transportation network for efficient management.
Felux offers Hot Rolled Coil, Cold Rolled Coil, Galvanized Coil, and Freight Booking Service.
Felux has 7 investors. Key investors include EquipmentShare, 8VC, Expa, JumpStart Ventures, and Lightbank.