saltbox

Saltbox Raises $10.6 Million To Provide E-Commerce Businesses With Logistics Support

The pandemic has accelerated the growth of the global e-commerce industry. Not only are more people shopping online than ever before, more people are also starting online businesses. According to Shopify, one of the largest digital retail platforms, online store creation on its platform rose 79% in 2020 over 2019.

Saltbox is an Atlanta-based “co-warehousing” startup that provides space for small businesses and e-commerce merchants to operate as well as store and ship goods, all under one roof.

saltbox

Saltbox has private “warehouse suites”, loading dock access, a self-service packing center, warehouse equipment for use, a photography stage, and more, all specifically geared toward e-commerce and retail entrepreneurs.

The startup was founded on the premise that the need for “co-warehousing and SMB-centric logistics enablement solutions” has become a major problem for many new businesses that rely on online retail platforms to sell their goods.

Many of those companies are limited to self-storage and mini-warehouse facilities for storing their inventory, which can be expensive and inconvenient, noted Saltbox CEO, Tyler Scriven.

saltbox

Their Atlanta location opened in November 2019 and has 27,000 square feet of space, all of which is full, according to Scriven.

Recently, Saltbox raised a $10.6M Series A round to accelerate its expansion across the United States. They also recently opened a 66,000-square-foot warehouse near Dallas. The Dallas area location marks the first expansion for the company outside Atlanta since it launched in 2019. They plan to expand into Denver, Seattle, and Los Angeles next.

Tony O. Lawson


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