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FloorFound
FloorFound is a rapidly growing company based in Austin, Texas, specializing in an AI-powered recommerce platform called RecoverAI. This platform optimizes oversized returns recovery for retailers by…
FloorFound
FloorFound is a rapidly growing company based in Austin, Texas, specializing in an AI-powered recommerce platform called RecoverAI. This platform optimizes oversized returns recovery for retailers by…
TL;DR
Headquarters: Austin, Texas
Founded: 2020
Product: RecoverAI — AI-powered returns recovery and recommerce platform for oversized items
Revenue impact: Up to 25% recovery on returns (claimed)
Recent funding: Convertible note reported Sep 26, 2024; total funding about $15.65M
Company Overview
Problem Domain
Returns management, reverse logistics, recommerce for oversized/bulky e-commerce items (furniture, large goods).
Founded
2020
Industry
E-commerce technology; recommerce; reverse logistics
Funding Track Record
$650,000
Reported pre-seed in March 2020
$4,000,000
Reported seed round in Feb 2021
$10,500,000
Series A announced May 19, 2022
Convertible note round reported Sep 26, 2024
Investor Signal
“Backed by a mix of venture firms and angels including Flybridge Capital Partners, Data Point Capital, Next Coast Ventures, LiveOak Venture Partners, Schematic Ventures, 8VC and angel investor Brett Hurt”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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