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Despite the pandemic having a negative impact on many industries, Atlanta-based co-warehousing company Saltbox is seeing opportunity amidst the uncertainty.
According to Tyler Scriven, CEO and cofounder of Saltbox, the immense growth of ecommerce in the past year has led to a boost in sales for the company’s members.
“Many were not expecting such a jump in sales and have worked resiliently to manage sourcing and other logistical challenges that came along with the pandemic’s effects on global supply chains,” said Scriven.
Saltbox serves as a flexible office space for startups and small businesses, as well as a storage and fulfillment order facility. Additionally, the company offers a product photography studio, conference rooms and office spaces.
This massive growth likely helped the company close a $10.6 million Series A round led by Palo Alto-based Playground Global.
“The rise of e-commerce has allowed millions of small businesses to flourish, but fulfilling orders out of garages and self-storage units is inconvenient, uncomfortable, and not conducive to growing a team,” said Laurie Yoler, General Partner at Playground Global. “Saltbox provides a purpose-built alternative for the entrepreneurs of tomorrow, with additional services to help small businesses scale.”
