Flowspace Raises $12M in Series A Funding Led by Canvas Ventures

Funding Rounds

Summary

CULVER CITY, Calif.--(BUSINESS WIRE)--Apr 16, 2019--Flowspace, an on-demand warehousing and fulfillment technology company, today announced $12M in Series A funding. The company has truly transformed every customer’s approach to warehousing and fulfillment, especially for those who have multi-channel needs,” says Paul Hsiao, General Partner at Canvas Ventures and Flowspace’s newest board member. Flowspace continues to raise customer expectations for the space every day and is well-positioned to lead this category.” Flowspace’s top executive also sees huge potential for the company moving forward. “We look forward to expanding our footprint, accelerating growth, and increasing investment in our platform.” Jun-Sheng Li, who was previously SVP Global E-Commerce Supply Chain at Walmart and founder and CEO of Transplace, commented, “Flowspace is embarking on a massive opportunity. Canvas portfolio companies include: 11 Honoré, Casetext, Eden, Eporta, Figure Eight (Appen), Fluxx, Folloze, Functionize, FutureAdvisor (Blackrock), Gabi, Kidbox, Kinetica, Luminar Technologies, Owl Car Cam, Platform9, Roofstock, Thrive Global, Totango, Transfix, Vida Health, Viewics (Roche), and Zola.

$ Funding

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Amount $12.0M Total raised
Date April 16, 2019 Announcement date
Investors Canvas Ventures, Y Combinator, Moment Ventures Lead investors
Company https://www.flow.space/ Funded company

Classifications

industries
Manufacturing Industry
applications
ERP & Process Management

AskAI Classifications

Labels
Logistics Software E-commerce Fulfillment Software Inventory Management Software

Linked Companies

Flowspace
$10M to $25M