About FloorFound
FloorFound is a Transportation, Automotive & Logistics company based in Austin (United States) founded in 2020 by Chris Richter. Provider of oversized eCommerce returns management solution for businesses. It operates in the Transportation, Automotive & Logistics and Retail sectors. FloorFound has raised $15.15 million across 2 funding rounds from investors including Next Coast Ventures, Flybridge Capital Partners and Schematic Ventures. Its chief executive, as recorded, is Chris Richter. FloorFound offers products and services including RecoverAI Platform. Its focus areas include E-Commerce Enablers, Operations Management, Logistics Management and Returns. Its legal entity is FLOORFOUND, INC. Its competitors include Freeing Returns, Returnmates and Rush ReCommerce; 3 of its 3 listed competitors have raised funding.
Company details
FloorFound is a provider of oversized eCommerce returns management solutions for businesses. It provides an end-to-end solution to manage the oversized e-commerce re-sale process from the point of return to reselling the products directly to the customers. The company provides a self-contained supply chain, managing all the behind-the-scenes operations like management, collection, and financials.
- Headquarters Austin, United States
- Founders Chris Richter
- SectorsTransportation, Automotive & LogisticsRetail
- Email••••••••
- Website floorfound.com
- Social LinkedIn
- Legal Name Floorfound, Inc.
- Total Equity Funding$15.15M (USD)
in 2 rounds
- Latest Funding Round$10.5M (USD), Series A
May 2022
- InvestorsNext Coast Ventures
& 6 more
Products & Services of FloorFound
FloorFound offers a comprehensive portfolio of products and services, including RecoverAI Platform.
AI tool for optimizing revenue from oversized returns via resale.
Funding Insights of FloorFound
FloorFound has successfully raised a total of $15.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.5 million completed in May 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.
- Total Funding $15.15M
- Total Rounds 2
- Last Round Series A — $10.5M
- First Round $4.65M
(Feb 2021)
- Investors Count 7
All 2 funding rounds of FloorFound with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $10.5M | Series A | – | Next Coast Ventures, Live Oak Ventures | |
| Feb 2021 | $4.65M | Series A | – | Live Oak Ventures |
7 investors in total: 6 institutional and 1 angel.
Investors in FloorFound
FloorFound has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Next Coast Ventures, Flybridge Capital Partners and Schematic Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology companies are invested in via thematic research. | nextcoastventures.com | Austin, United States | ||
Early-stage tech startups are funded by Flybridge Capital Partners. | flybridge.com | New York, United States | ||
Early-stage venture capital investments in industrial technology are made. | schematicventures.com | San Francisco, United States | ||
Tech focused VC firm investing in the US & the UK | datapointcapital.com | Boston, United States | ||
Venture capital fund investing across early-stage tech startups | liveoak.vc | Austin, United States | ||
Venture capital firm investing in technology, life sciences, and related sectors. | 8vc.com | |||
BH Brett Hurt | unknown_9507f586597243319 |
Investor details for FloorFound
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of FloorFound
6 people are tracked at FloorFound (3 in leadership, 2 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Chris Richter | Co-Founder & CEO | Leadership |
Shannon Hardt | VP, Technology | Leadership |
Tiffany Costa | Director Of Operations And Client Success | Leadership |
Sarah Kauss | Advisor | Board & advisors |
Brett Hurt | Advisor | Board & advisors |
Benjamin Cawrse | Senior Software Engineer | Team |
Complete people profiles for FloorFound
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of FloorFound
3 dated milestones of FloorFound across 2 years, from founding to its latest funding, stage changes and deals.
- Founded FloorFound is founded.
- Funding First funding round of $4.6M.
- Funding Latest funding round, Series A, of $10.5M.
Competitors of FloorFound
FloorFound has 3 listed competitors in our database, 3 of them funded. They include Freeing Returns, Returnmates and Rush ReCommerce.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freeingreturns.com | 2013 | Atlanta, United States | $3.16M | App-based solutions for managing retailer returns are offered. | ||
| returnmates.com | 2020 | Los Angeles, United States | $5.98M | Web-based solutions for returns and reselling management are provided. | ||
| rushrecommerce.com | 2017 | Omaha, United States | $12.9M | Provider of software solutions for managing returning and reselling home products |
Detailed competitors of FloorFound
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of FloorFound
The website of FloorFound (floorfound.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▼ 4.8% vs previous month
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as FloorFound (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Related news about Floorfound
Complete news archive for FloorFound
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Frequently Asked Questions about FloorFound
FloorFound was founded in 2020 and raised its 1st funding round 1 year after it was founded.
FloorFound is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Chris Richter is the CEO of FloorFound, as recorded in our data. They have also founded this company.
FloorFound is a funded company, having raised a total of $15.15M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.65M, raised on Feb 2021.
FloorFound is a provider of oversized eCommerce returns management solutions for businesses. It provides an end-to-end solution to manage the oversized e-commerce re-sale process from the point of return to reselling the products directly to the customers. The company provides a self-contained supply chain, managing all the behind-the-scenes operations like management, collection, and financials.
FloorFound's top competitors include Freeing Returns, Rush ReCommerce and Returnmates.
FloorFound offers RecoverAI Platform.
FloorFound has 7 investors. Key investors include Next Coast Ventures, Flybridge Capital Partners, Schematic Ventures, Data Point Capital, and Live Oak Ventures.
FloorFound operates through Floorfound, Inc..