# FlavorCloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flavorcloud

- Industry: Software
- Headquarters: Seattle, US
- Website: www.flavorcloud.com
- Total disclosed funding: $8.6M
- Latest round: Series A (Apr 27, 2021)
- Investors on record: 5

## About

FlavorCloud Inc is a logistics technology company that simplifies cross-border shipping for e-commerce businesses and logistics providers, leveraging AI to enhance shipping efficiency and compliance.Founded in 2017 and headquartered in Seattle, US, FlavorCloud Inc streamlines international shipping for direct-to-consumer (DTC) and business-to-business (B2B) transactions. The company was co-founded by Rathna Sharad and Sherwyn Soff. In April 2021, FlavorCloud raised USD 6.3 million in Series A funding led by Mucker Capital, with participation from Revolution Ventures and Willow Group, bringing the total amount raised to USD 6.3 million. The firm has successfully completed 2 deals to date.FlavorCloud provides a comprehensive platform designed to streamline cross-border shipping for direct-to-consumer (DTC) and business-to-business (B2B) transactions. The core offerings include dynamic product classification, automated customs clearance, and access to a vast network of over 300 carriers, facilitating shipping to more than 220 countries. The platform enables businesses to optimize their international sales by offering guaranteed landed cost pricing, incorporating all duties, taxes, and fees upfront, thereby eliminating surprises and enhancing customer satisfaction. With a focus on sectors such as wellness, beauty, and apparel, FlavorCloud caters primarily to e-commerce merchants and third-party logistics providers looking to expand their global reach without the complexities of traditional logistics. The company's solutions are notable for their high accuracy rates, powered by AI technology, ensuring compliance with local regulations and enhancing overall shipping efficiency.FlavorCloud generates revenue through subscription-based models and transactional fees associated with its shipping services. Businesses utilizing the platform engage in regular transactions involving the automated classification of products and the facilitation of their shipping across international borders. Clients benefit from reduced customs fees and expedited clearance processes, leading to cost savings and improved delivery times. The company’s pricing structure is designed to be competitive, offering various service options for different shipping needs, including standard and express shipping. This pricing model supports both individual consumers and larger enterprises, enabling them to leverage FlavorCloud’s extensive logistics capabilities while maintaining clarity around shipping costs.Following the Series A funding round in April 2021, FlavorCloud plans to utilize the USD 6.3 million for team expansion, technology enhancement, and customer acquisition efforts focusing on AI and data intelligence. The company is strategizing to introduce new products that enhance its platform's capabilities and is targeting expansion into new geographic markets, although specific regions have yet to be disclosed. By scaling its operations and continuing to innovate, FlavorCloud aims to strengthen its position in the logistics technology sector.

## Funding rounds

- Series A, Apr 27, 2021, $6.3M — Revolution Ventures, Mucker Capital, Willow Group
- Seed, Aug 15, 2019, $2.3M — Revolution Ventures, Plug and Play, Keeler Investments Group

## Investors

- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed, Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Keeler Investments Group (https://capitalatlas.ai/funds/keeler-investments-group) — Seed
- Mucker Capital (https://capitalatlas.ai/funds/mucker-capital) — Series A
- Willow Group — Series A