FloorFound

FloorFound is a software platform that facilitates returns and resales of oversized products for eCommerce retailers.

FloorFound is the first circular commerce platform focused on oversized retail categories.

FloorFound was founded in 2020 by Chris Richter and Ryan Matthews. The company is headquartered in Austin, Texas.

 

FloorFound's initial application is a "push button" Returns Lifecycle Management solution that provides end-to-end management of an oversized return from coordination of the initial pickup through revenue recovery.

 

FloorFound includes a destination marketplace (FloorFound.store), localized reverse logistics, processing and inspection capabilities, merchandising and pricing intelligence. Its solution also includes a robust fulfillment network of more than 40 warehouse hubs, planned to triple in 2022, and 4 major 3PL partnerships.

 

FloorFound has helped keep almost 450,000 pounds of furniture in circulation and out of landfills to date. FloorFound currently serves innovative furniture brands including Inside Weather, Floyd, Burrow, Joybird, Mitchell Gold + Bob Williams, Living Spaces, Outer, Interior Define, Sabai, Neighbor, among others.

 

FloorFound is backed by Next Coast Ventures, LiveOak Venture Partners, Flybridge Capital, Next Coast Ventures, 8VC, Schematic Ventures, Data Point Capital, and others. The company raised $10.5M in Series A round on May 19, 2022. This brings FloorFound's total funding to $15.2M to date.

 

 

  • Year founded: 2020
  • Funding Info: $15.2M over 3 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Austin
  • State: Texas
  • Country: United States
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