FloorFound provides an end-to-end technology platform that streamlines recovery and resale of returned, lightly used, and open-box oversized home goods for brands and retailers. Since launching its solution in February 2021, the company has more than doubled recommerce sales each quarter on average and grown its client base fivefold, working with brands such as Inside Weather, Floyd and Burrow. FloorFound has helped keep nearly 450,000 pounds of furniture in circulation and currently operates with four major third-party logistics partnerships and over 40 warehouse hubs. The company previously raised $4 million in seed funding in 2021 and recently closed a $10.5 million Series A. It plans to use the new capital to expand its U.S. market presence, enter additional retail verticals including appliances, mattresses, and exercise equipment, and triple its warehouse hubs this year. By centering retailers in recommerce and focusing on oversized returns, FloorFound aims to unlock resale revenue and new sales channels for retail partners. FloorFound develops a software platform to help modern retailers manage the collection, inspection and resale of big and bulky items. The company’s service facilitates returns and resales of oversized products for e-commerce retailers. Led by Founder and CEO Chris Richter, FloorFound is based in Austin, TX. In February 2021 the company raised $4M in seed funding. The company said it will use the funds to expand operations and broaden its business reach. The article did not disclose revenue or user metrics.

Total raised

$15M

Funding rounds

2

Latest round

Series A

Latest activity

May 2022